Paramount completes $110 billion Warner Bros Discovery takeover

Paramount completes $110 billion Warner Bros Discovery takeover

Paramount Skydance has completed its $110 billion acquisition of Warner Bros. Discovery, including debt, creating a major entertainment company operating under the Skydance name. The combined firm brings Paramount, Warner Bros., HBO Max, Paramount+, CBS and CNN, plus franchises like Harry Potter and DC, under one roof. Shares began trading on the NYSE under ticker SKYD.

Source: WION

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