Paramount Skydance Targets Q3 Closing Date for Warner Bros. Discovery Transaction as David Ellison Vows to ‘Honor the Legacy of Two Iconic Companies’

Paramount Skydance has set an ambitious target of closing the Warner Bros. Discovery transaction by the fall as David Ellison’s media conglomerate trumpeted its hard-fought agreement to acquire its much larger rival. In a statement issued Friday, Ellison, chairman and CEO of Paramount Skydance, said, “From the very beginning, our pursuit of Warner Bros. Discovery […]