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Wall Street prices Paramount-Warner deal odds at around 85%

Barrons.com +1 ·

PSKY
PSKY Paramount Skydance Corp
$10.90 +0.14%
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  1. 1Financial markets are pricing in roughly an 85% probability that Paramount Skydance (PSKY) succeeds in acquiring Warner Bros. Discovery (WBD) for $110 billion
  2. 2An antitrust lawsuit led by the California attorney general is ongoing, and if it extends past September, ticking fees of about $650 million per quarter apply
  3. 3Market sentiment has climbed sharply from the 50% range a month ago, when concerns over state intervention were at their peak

This 3-line summary is compiled from the report below.

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