Warner Bros. Discovery stock: Paramount acquisition completed
Published on 10/06/2026 at 20:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Paramount completed its acquisition of Warner Bros. Discovery on October 6, 2026, creating a combined company named Skydance. The transaction closed after required regulatory approvals and other customary closing conditions were satisfied, according to the PR Newswire release.
Warner Bros. Discovery shares cease trading
Under the completed transaction, Warner Bros. Discovery shareholders received USD 31.02 in cash per share, rounded from the stated USD 31.01666668 consideration. Warner Bros. Discovery common stock ceased trading on Nasdaq effective October 6, while Skydance Class B shares began trading on the New York Stock Exchange under the ticker SKYD, the company announcement said.
Previously announced merger terms
Warner Bros. Discovery and Paramount Skydance had announced on September 30 that the merger was expected to close on October 6. That release said each eligible WBD share would be converted into the right to receive USD 31.00 plus an adjustment tied to the closing date, resulting in USD 31.01666668 if the transaction closed as scheduled, according to the September 30 release.
