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Paramount Skydance (PSKY) has agreed to sell $41.4 billion and 885 million euros ($1.00 billion) in
The bond sale and expanded term loans put Paramount Skydance's $110 billion takeover of Warner Bros. Discovery on track to close Oct. 6.
PARAMOUNT SKYDANCE CORPORATION (NASDAQ: PSKY) (the "Company") today announced that it has agreed to sell $3.5 billion aggregate principal amount of 6.30% Senior Secured First Lien Notes due 2028 (the "2028 First Lien Notes"), $3.5 billion aggregate principal amount of 6.55% Senior Secured First Lien Notes due 2029 (the "2029 First Lien Notes"), $6.5 billion aggregate principal amount of 7.05% Senior Secured First Lien Notes due 2031 (the "2031 First Lien Notes"), $5.25 billion aggregate principa
Investing.com-- Paramount Skydance (NASDAQ:PSKY) and Warner Bros Discovery (NASDAQ:WBD) said on Wednesday they expect their merger to close on Oct. 6, bringing the two U.S. media companies closer to combining their entertainment and streaming businesses.
Paramount Skydance Corporation (NASDAQ: PSKY) ("PSKY") and Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD" or "Warner Bros. Discovery") today announced that the merger (the "Merger") contemplated by the Agreement and Plan of Merger, dated as of February 27, 2026 (the "Merger Agreement"), by and among WBD, PSKY and Prince Sub Inc., is expected to close on October 6, 2026 (the "Anticipated Closing Date"), subject to customary closing conditions.
Paramount Skydance is selling about $52 billion of debt to finance its $81 billion cash purchase of Warner Bros. Discovery.
A federal judge on Wednesday approved a settlement between Paramount and a group of US states that clears the way for its takeover of Warner Bros."Bringing together Paramount and Warner Bros.
A federal judge has granted Paramount’s settlement agreement with 12 states that sued over the company’s takeover of Warner Bros. Discovery, allowing the companies to soon close their $81 billion mega merger. In a Wednesday order, U.S. District Judge Araceli Martínez-Olguín ruled that the proposed consent decree was a “fair, reasonable, and good faith approach to address the competitive harms” alleged by the states' lawsuit. Paramount, which was bought by Skydance just last year, previously called the antitrust challenge the last hurdle ahead of closing its Warner merger.
Paramount Skydance (PSKY) has reportedly tapped Mattel's (MAT) outgoing chief executive Ynon Kreiz to become the media giant's co-CEO. Kreiz announced on Wednesday that he will step down from his role at Mattel, effective October 2.
Paramount Skydance Corporation (NASDAQ: PSKY) (the "Company") today disclosed that David Ellison has announced Ynon Kreiz as Co-CEO of the anticipated merged company, effective at closing. Kreiz, who will start at Paramount, effective October 5, 2026, joins Ellison from Mattel, a leading global play and family entertainment company where he has served as Chairman and CEO since 2018, leading an unprecedented transformation of the business and the execution of its multi-platform, brand-centric str
The yield premium on all 8 tranches of the investment-grade offering narrowed, with the longest maturity tightening by about 0.35 percentage points
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