The Special Situation Report

The Special Situation Report

Paramount’s Warner Bros. Deal Has Everything But a Closing – Merger Arbitrage Mondays

Asif's avatar
Asif
Aug 31, 2026
∙ Paid

Warner Bros. Discovery, Inc. (WBD): $28.77

Market Cap: $72.13 B

Deal Value: $110 B

The last time we wrote about the Paramount Skydance (PSKY) – Warner Bros. Discovery merger was when Paramount successfully swooped in and took Warner Bros. from Netflix’s (NFLX) hands. That was at the end of February 2026, and since then, the developments in this odyssey hav…

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