Paramount Skydance tells the SEC it renames itself Skydance Corporation with effect from 6 October, the day its takeover of Warner Bros. Discovery is expected to close, and moves its Class B stock from Nasdaq to the New York Stock Exchange under the ticker SKYD, replacing PSKY. WBD shareholders receive $31.01666668 a share in cash if the deal closes on that date; the WBD brands passing to the merged company include Eurosport and TNT Sports. For European producers and sellers, two of the large US buyers become one company.
Paramount and Warner Bros. Discovery Become Skydance