Paramount Skydance completes $110 billion acquisition of Warner Bros. Discovery
Paramount Skydance has formally completed its acquisition of Warner Bros. Discovery, with the combined company renamed Skydance and its stock moving from Nasdaq to the New York Stock Exchange under the ticker SKYD. The all-cash deal carries an equity value of $81 billion and an enterprise value of $110 billion, with shareholders receiving $31.01666668 per share in cash. Studios including Rocksteady, NetherRealm, TT Games, Avalanche Software and WB Games Montreal now fall under Skydance, and it has not been announced whether they will be folded into Paramount's own games division.
Why this: Paramount Skydance completed its acquisition of Warner Bros. Discovery, and readers can see the deal value, regulatory settlement terms, and where the game studios land.