Your email has been successfully added to our mailing list.

×
0.000369549150036881 0.000369549150036881 -0.000369549150037013 -0.0018477457501848 -0.00147819660014792 0.00591278640059128 0.00591278640059128 0.00591278640059128
Stock impact report

Paramount renews bid for Warner Bros, ensuring $40 billion Larry Ellison backing [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
The offer includes an “irrevocable personal guarantee” from a major backer, Oracle billionaire Larry Ellison, to provide tens of billions in equity financing for the deal. It's the latest move by Ellison's son, David Ellison—the CEO of Paramount Skydance—to pry the potential acquisition loose from his competition, the streaming giant Netflix. “Larry Ellison has agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount,” a Paramount press release published Monday states. The proposed equity financing had previously been included in Paramount's offer, but the elder Ellison's “personal guarantee” is new, the press release states. The revamped offer comes a mere week after the WBD board rejected Paramount's initial bid, favoring, instead, a previous deal with Netflix. That deal was announced on December 5th , outlining how the streamer would purchase the movie studio via a cash and stock option v Show less Read more
Impact Snapshot
Event Time:
PSKY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PSKY alerts
Opt-in for
PSKY alerts

from News Quantified
Opt-in for
PSKY alerts

from News Quantified