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Paramount and Warner Bros. Discovery Finalize Merger Agreement

KVIA••ABC News
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Paramount and Warner Bros. Discovery have reached a merger agreement where Paramount will acquire WBD for $31 per share. This deal, unanimously approved by both companies' boards, aims to enhance storytelling capabilities across their film and television platforms. The merger is anticipated to finalize in the third quarter of 2026, pending regulatory approvals and a shareholder vote expected in early spring 2026. This significant move reshapes the entertainment landscape and could impact content availability for viewers.

Key Details: • Paramount to pay $31.00 per share for all outstanding shares of WBD. • Merger expected to close in Q3 2026, pending regulatory clearances. • WBD shareholder vote anticipated in early spring 2026.

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