Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. (WBD) — Form 8-K: Current report
AI-generated summary
Warner Bros. Discovery, Inc. announced the completion of its acquisition by Skydance Corporation on October 6, 2026, with WBD surviving as a wholly owned subsidiary. Under the merger agreement, each share of WBD common stock was converted into the right to receive approximately $31.02 in cash, including ticking consideration. The aggregate merger consideration payable is approximately $78 billion. Additionally, WBD ratified certain past restricted stock unit grants and share issuances that occurred after the expiration of its 2005 incentive plan.
Key facts
- Item 1.01 · Entry into a material agreement
- Item 1.02 · Termination of a material agreement
- Item 2.01 · Completed acquisition or sale of assets
- Item 2.03 · New debt or another financial obligation
- Item 3.01 · Delisting or listing-rule notice or listing transfer
- Item 3.03 · Change to shareholder rights
- Item 5.01 · Change in control
- Item 5.02 · Executive or director change or pay arrangement
- Item 5.03 · Charter, bylaw or fiscal-year change
- Item 8.01 · Other events
- Item 9.01 · Financial statements and exhibits
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Not investment advice. Summaries can contain errors; the SEC filing is the official record.