Paramount poised to take control of Warner in $81 billion deal next week

  • Paramount is poised to take control of Warner next week.
  • The deal is valued at $81 billion.
  • Paramount spent about a year facing rival bidders, federal regulators and state attorneys general.

Paramount is poised to take control of Warner Bros. Discovery next week in an $81 billion deal, after about a year spent fending off rival bidders, federal regulators and state attorneys general. The transaction’s completion will shift attention to whether Paramount Chief Executive David Ellison can make the combination work. Paramount’s PSKY listing was shown up 1.71%.

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