Markets See 85% Odds Paramount Skydance–Warner Deal Clears
Markets are pricing roughly 85% odds that Paramount Skydance will settle out of court with California Attorney General Rob Bonta before a March trial, allowing its $110 billion buyout of Warner Bros. Discovery to close. The incentive is avoiding an extra $650 million quarterly fee. Paramount is seen as gaining from a $31 offer versus WBD’s lower trading price.