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BRIEF-Paramount Launches All-Cash Tender Offer To Acquire Warner Bros. Discovery For $30 Per Share

Reuters12-08

BRIEF-Paramount Launches All-Cash Tender Offer To Acquire Warner Bros. Discovery For $30 Per Share

Dec 8 (Reuters) - PARAMOUNT SKYDANCE CORP:

  • PARAMOUNT LAUNCHES ALL-CASH TENDER OFFER TO ACQUIRE WARNER BROS. DISCOVERY FOR $30 PER SHARE

  • PARAMOUNT SKYDANCE CORP: PROPOSED DEAL FOR $108.4 BILLION

  • PARAMOUNT SKYDANCE CORP: PARAMOUNT'S PROPOSED TRANSACTION IS FOR ENTIRETY OF WBD, INCLUDING GLOBAL NETWORKS SEGMENT

  • PARAMOUNT SKYDANCE CORP - "NETFLIX TRANSACTION PROVIDES WBD SHAREHOLDERS WITH INFERIOR AND UNCERTAIN VALUE"

  • PARAMOUNT SKYDANCE CORP: PARAMOUNT HAS NOW TAKEN ITS OFFER DIRECTLY TO WBD SHAREHOLDERS

  • PARAMOUNT: EQUITY TO BE BACKSTOPPED BY ELLISON FAMILY & REDBIRD CAPITAL IN ADDITION TO DEBT FULLY COMMITTED BY BANK OF AMERICA, CITI, APOLLO

  • PARAMOUNT SKYDANCE CORP: PROPOSED TRANSACTION WILL NOT BE SUBJECT TO ANY FINANCING CONDITION

  • PARAMOUNT SKYDANCE CORP - WILL TODAY SUBMIT A PREMERGER NOTIFICATION FILING UNDER HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT OF 1976

  • PARAMOUNT LAUNCHES ALL-CASH TENDER OFFER TO ACQUIRE WARNER BROS. DISCOVERY FOR $30 PER SHARE

Source text: ID:nPn6FpJXWa

Further company coverage: PSKY.O

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