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SKYD - Skydance Corporation
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$7.00
DETAILS
HIGH:
$7.00
LOW:
$7.00
MEDIAN:
$7.00
CONSENSUS:
$7.00
DOWNSIDE:
1.41%
Stock News
Skydance Corporation Announces Expiration, Pricing Terms, and Settlement of Exchange Offers and Tender Offers
LOS ANGELES and NEW YORK, Oct. 6, 2026 /PRNewswire/ -- Skydance Corporation (F/K/A PARAMOUNT SKYDANCE CORPORATION) (NYSE: SKYD) (the "Company") announced today the final tender results of its previously announced (i) offers to purchase (the "Tender Offers" and each, a "Tender Offer") for cash, upon the terms and subject to the conditions set forth in the related offer to purchase (the "Offer to Purchase"), any and all of the identified notes in each series of the Existing Tender Offer Notes (defined by reference to the first table set forth below) issued by Discovery Global Holdings, Inc. (formerly WarnerMedia Holdings, Inc.) (the "DGH Issuer") and Discovery Communications, LLC (the "DCL Issuer" and together with the DGH Issuer, each a "WBD Issuer" and collectively the "WBD Issuers"), as applicable, and (ii) offers to exchange (the "Exchange Offers" and each, an "Exchange Offer" and, together with the Tender Offers, the "Offers" and each, an "Offer"), upon the terms and subject to the conditions set forth in the related exchange offer memorandum (the "Offering Memorandum"), any and all of the identified notes in each series of the Existing Exchange Offer Notes (defined by reference to the second table set forth below) (together with the Existing Tender Offer Notes, the "Offer Notes") issued by the applicable WBD Issuer for notes to be newly issued by the Company (the "New SKYD Notes"). The Offers were made in connection with the acquisition (the "Acquisition") by the Company of Warner Bros.
Skydance Announces Board, Adding Ynon Kreiz, Laurene Powell Jobs and Bobby Kotick as Directors and Tony Blair as Advisor
David Ellison will continue to serve as Chairman and Chief Executive Officer Founder and President of Emerson Collective Laurene Powell Jobs and Activision founder Bobby Kotick join as Independent Directors, along with Skydance Co-CEO Ynon Kreiz; former UK Prime Minister Tony Blair to serve as Board Advisor LOS ANGELES and NEW YORK, Oct. 6, 2026 /PRNewswire/ -- Skydance Corporation (NYSE: SKYD) ("Skydance") today announced the director and advisor designees for the newly combined company, formed through Paramount's merger with Warner Bros. Discovery, Inc. (NASDAQ: WBD).
Skydance Stock Dips: What's Going On?
Skydance Corp. (NYSE:SKYD) shares are trending Tuesday after Paramount Skydance Corp. (NASDAQ:PSKY) completed its merger with Warner Bros. Discovery.