Paramount Skydance Increases Takeover Bid For Warner Bros. Discovery To $7.3B

Paramount Global's Paramount Skydance unit raised its all-cash offer for a controlling stake in Warner Bros. Discovery from $7.15 billion to $7.3 billion, effective February 10, 2026. The revised bid maintains a $37.50 per share price, reflecting a stronger financial proposal to secure regulatory and shareholder approval. The acquisition, valued at $7.3 billion, represents an increase of $150 million over the initial proposal, signaling the bidder's confidence in the target's value and growth potential. Terms remain unchanged, with the transaction contingent on regulatory clearances and the outcome of a special meeting of Warner Bros. Discovery's shareholders.