Warner Bros. shareholders "overwhelmingly" back Paramount's $111bn acquisition
Warner Bros. Discovery shareholders have overwhelmingly approved Paramount's $111 billion acquisition, a deal that also involves Skydance. The transaction still requires clearance from the US Department of Justice and European regulators, with an anticipated closing in the third quarter of September 2026. This approval follows a period of negotiations and a withdrawn bid from Netflix.
- Entities
- Person: Samuel A. Di Piazza
- Company: Netflix
- Topic: Mergers and Acquisitions
- Company: Skydance
- Company: Warner Bros. Discovery
- Person: David Zaslav
- Company: Paramount
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