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Paramount Skydance Nears $110 Billion Warner Bros. Discovery Acquisition Completion

Paramount Skydance, led by David Ellison, is nearing the completion of its $110 billion acquisition of Warner Bros. Discovery, a deal that has been in contention for over a year. The transaction will combine the film studios and streaming assets of both companies.

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Paramount Skydance (PSKY, Financials), the media company led by David Ellison, is expected to complete its $110 billion acquisition of Warner Bros. Discovery on Tuesday, ending a takeover battle that has lasted more than a year. ' film studio, streaming operations and other assets.