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0 0 0.00213023255813953 -0.00279069767441855 0.00790697674418613 0.010232558139535 0.0106976744186047 0.00558139534883726
Stock impact report

PARAMOUNT ENHANCES ITS SUPERIOR $30 PER SHARE ALL-CASH OFFER FOR WARNER BROS. DISCOVERY AND PROVIDES UPDATE ON REGULATORY PROGRESS

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: PR Newswire
Paramount's $30 per share, all-cash offer provides superior value and greater regulatory certainty than Netflix's sliding scale merger consideration which, according to WBD's own preliminary proxy statement filed with the SEC on February 9, ranges from a minimum of $21.23 to a maximum of $27.75 per share in cash (depending on debt levels on Discovery Global at the time of separation)Paramount has enhanced its offer with a $0.25 per share "ticking fee," payable to WBD shareholders for each quarter its transaction has not closed beyond December 31, 2026, underscoring Paramount's confidence in the speed and certainty of regulatory approval for its transactionParamount will fund $2.8 billion termination fee payable to Netflix and offers solutions to WBD's debt financing costs and obligationsParamount complied on February 9, 2026 with the DOJ's Second Request for Information related to its all-cash tender offer to purchase shares of Warner Bros. DiscoveryParamount also secured clearance fo Show less Read more
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