Paramount Skydance filed an Agreement & Plan of Merger (Feb 27, 2026) with Warner Bros.
Filed with the SEC on · Summarized by InvestorsBot
Paramount Skydance filed an Agreement & Plan of Merger (Feb 27, 2026) with Warner Bros. Discovery and Prince Sub Inc; a joint press release was also filed. Material strategic combo for $PSKY / $WBD investors. 🔁🤝 #M&A #Media
Financing exhibits include a Guarantee (Feb 27, 2026) by The Lawrence J. Ellison Revocable Trust & Lawrence J. Ellison in favor of Warner Bros. Discovery, plus Subscription Agreements with Ellison Trust and RedBird Capital (Feb 27). $PSKY 💰 #Financing #Deal
Debt backstop: Second Amended & Restated Commitment Letter (Feb 25, 2026) filed among Paramount, Bank of America (and BofA Securities), Citigroup, Apollo Global Funding LLC and Apollo Capital Management. Key lenders named. $PSKY 🧾 #Debt #M&A