Proposed acquisition of Warner Bros. Discovery by Paramount Skydance

Potential business transaction

Proposed acquisition of Warner Bros. Discovery by Paramount Skydance

Summary

Paramount Skydance announced a definitive agreement with Warner Bros. Discovery (WBD) on February 27, 2026, to acquire the company for $110.9 billion at $31 per share in cash. The massive transaction came after a months-long corporate battle between Netflix and Paramount that effectively shelved WBD's previous plans of splitting into two companies. Paramount began submitting unsolicited offers to acquire Warner Bros. on September 12, 2025, and despite rejecting the proposals, the WBD board of directors placed the company up for auction on October 21, 2025, to maximize shareholder value.

Originally created by Ryan York

12/5/2025, 1:41:39 PM

Modified

5/27/2026, 1:53:46 AM

Recent revisions

Romanlanto1105/27/2026, 1:53:46 AM

/* Paramount Skydance agreement */ fucking merge is not happen

~2026-27338-515/26/2026, 8:38:02 PM
~2026-27338-515/26/2026, 7:59:40 PM

/* Initial bidding war */

~2026-27338-515/26/2026, 6:37:40 PM

/* Initial bidding war */

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Laredo312-Oviedo5125/26/2026, 3:10:39 PM

No source was provided indicating that as the completion date.

~2026-31405-895/26/2026, 11:15:01 AM

/* Initial bidding war */

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/* Initial bidding war */

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/* Initial bidding war */

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/* Paramount's acquisition plan */

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Kalpesh Manna 20025/26/2026, 7:22:06 AM

/* Regulatory and foreign responses */ Added content. Added source.

Kalpesh Manna 20025/26/2026, 7:21:12 AM
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/* Regulatory and foreign responses */

Kalpesh Manna 20025/26/2026, 7:20:21 AM

/* Regulatory and foreign responses */

~2026-25060-355/26/2026, 7:06:43 AM

Undid revision [[Special:Diff/1356158571|1356158571]] by [[Special:Contributions/~2026-31393-39|~2026-31393-39]] ([[User talk:~2026-31393-39|talk]])

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July 15, 2026

~2026-31393-395/26/2026, 1:50:11 AM

July 15, 2026

~2026-29910-065/25/2026, 10:01:12 PM
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/* Paramount's acquisition plan */

Contributors

Source: WikipediaView full article