Newsig · CNBC
Paramount's hard-fought takeover of Warner Bros. Discovery closes Tuesday. Here's how we got here
Paramount has faced competing bids and an antitrust hurdle since its earliest attempts to take over WBD. Here's a timeline of key events.
Why it matters
WBD · Why linked: WBD is the target of the Paramount takeover, making it the primary instrument affected by the deal closing. Market context: WBD shares will be acquired by Paramount at the agreed deal terms, and WBD common stock is expected to be delisted.
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