Paramount Skydance pushes back deadlines for exchange, tender offers

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Paramount Skydance ( PSKY ) has extended the expiration dates for its previously announced exchange offers and tender offers to 5pm New York City time on July 22, pending its acquisition of Warner Bros. Discovery ( WBD ). Extensions follow prior deadline extensions on

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Paramount Skydance (PSKY) extended the expirty date of its previously announced exchange offer and auction bids to July 22nd, 5pm EST, following the announced acquisition by Warner Bros. Discovery (WBD).

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Given the planned merger between Paramount Skydance and Warner Bros. Discovery, the shares of the latter are expected to increase.

As the deal progresses, the uncertainty related to the acquisition is expected to decrease.

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