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$11 Billion Merger Sealed: Paramount and Warner Bros. Officially Fold into Skydance
After nearly a year of negotiations and regulatory review, the $11 billion merger between Paramount and Warner Bros. Discovery is officially complete. The new company will be named Skydance — and it comes with $80 billion in debt attached.
Stripe and Advent reportedly gave up on acquiring PayPal, and their bargain-hunting plans were disrupted by a 40% increase
The acquisition of Stripe and Advent, which might have set one of the best leveraged buyout records in history, has been stalled, according to Bloomberg. PayPal's stock price rose by 40% in response to the financial report and acquisition rumors, which made this plan of picking up a bargain at a low price a miscalculation.
Mark Ruffalo Fires Back at Paramount's "Antisemitic" Accusation: Criticizing a Merger Isn't Hating Jewish People
Mark Ruffalo has publicly pushed back after Paramount framed his criticism of the merger deal as antisemitic rhetoric, insisting his target was Israeli military tech contracts and corporate executives—not the Jewish community.