NASDAQ · Technology · Software - Application · US
Research · Apr 13, 2026
Paramount refined debt financing on April 9 for its $31/share WBD takeover, advancing a $110B deal with $6B synergies. WBD trades at a 12% discount amid regulatory risks, backed by strong EBITDA growth and streaming scale. Bullish: Arbitrage opportunity with deleveraging path ahead.
Research · Apr 13, 2026
Glass Lewis's April 10 recommendation for WBD shareholders to approve the Paramount merger boosts deal odds, highlighting $110B EV synergies and $31/share premium. WBD's improving FCF and DTC growth underpin the bullish case, though regulatory nods remain key. Accumulate WBD ahead of the vote for takeover pop.
Research · Apr 9, 2026
Paramount Skydance's $24B Gulf commitments advance the $110B WBD acquisition at $31/share, amid WBD's FY25 profitability turnaround and 150M sub streaming goal. Shares trade at a discount to offer, signaling buy opportunity ahead of Q3 2026 close.
