Paramount Skydance advances WBD acquisition; equity syndication with sovereign funds, warrant dividend to shareholders

Paramount Skydance Corp

Acquiring Warner Bros. Discovery for $31/share in cash, with Ellison Guarantee covering up to $45.72B equity funding.
PIPE $46.72B from Ellison parties & $250M from RedBird syndicated to PIF, L'Imad, QIA, LionTree.
Rights offering cancelled; each Class B holder gets one warrant per share (10-year term, exercise price = Syndication Purchase Price, $12–$16.02 floor/ceiling).
Charter amendment authorized: Class B shares increased to 7B, dividends on Class B allowed with Class A consent.

item 3.02item 8.01item 5.03item 5.07item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.