The Special Situation Report

The Special Situation Report

Paramount’s Warner Deal Settles Early, But Court Approval Remains – Merger Arbitrage Mondays

Asif's avatar
Asif
Sep 28, 2026
∙ Paid

Warner Bros. Discovery, Inc. (WBD): $30.86

Market Cap: $77.37 B

Deal Value: $110 B

When we’d written about the Paramount Skydance (PSKY) – Warner Bros. Discovery merger a month ago, we’d said that a settlement with the 12 states and the Writers Guild of America (WGA), which had sued to block the merger, “looked imminent.” But honestly, we had not expected …

Keep reading with a 7-day free trial

Subscribe to The Special Situation Report to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2026 The Special Situation Report · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture