Paramount Skydance announces merger date and says what it means for Paramount Skydance stock
Published on 10/04/2026 at 18:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On September 30, 2026, Paramount Skydance Corporation and Warner Bros. Discovery announced that their merger is expected to close on October 6, 2026, subject to customary closing conditions, according to Paramount Skydance.
Merger timetable
The announced closing date relates to the acquisition of Warner Bros. Discovery under the merger agreement dated February 27, 2026. The companies said completion remains subject to customary closing conditions. The transaction would provide Warner Bros. Discovery shareholders with cash consideration of $31.00 per share, plus an adjustment based on the number of days elapsed after September 30, 2026, through closing, according to the company release.
Financing announced
Paramount Skydance separately announced on September 30, 2026, that it had agreed to sell $41.4 billion of senior secured notes and EUR 885 million of senior secured notes. It also priced term loan facilities comprising an $8.5 billion U.S. dollar tranche and a EUR 850 million tranche. The company said the offerings are intended, among other purposes, to help finance the purchase price for Warner Bros. Discovery and repay certain existing debt, according to Paramount Skydance.
Next Xetra session
The next Xetra session is scheduled for October 5, 2026. The merger announcement and financing details remain subject to the conditions described in the company releases.
