Paramount Plans Oct. 5 Nasdaq Exit and Warrant Issue as Warner Bros. Merger Remains Uncertain
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Paramount Skydance said in a Sept. 25 SEC filing that its $111 billion Warner Bros. Discovery merger is not final and faces closing conditions. It plans to delist Class B stock from Nasdaq (PSKY) about Oct. 5, relist on the NYSE Oct. 6, and issue warrants to holders on record Oct. 5; those shares trade Oct. 13, but warrants hinge on the WBD acquisition closing.
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