Paramount Says Timing for Warner Bros. Deal Close ‘If Any, Is Not Yet Certain’ but Targets Oct. 5 Date to Issue Shareholders Warrants Tied to WBD Merger
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Paramount has announced that a potential merger with Warner Bros. Discovery remains uncertain, despite ongoing preparations for a transaction. In an SEC filing released Friday, the company stated that while a final agreement is not yet secured, it is moving forward with plans to issue shareholder warrants linked to the proposed deal by October 5.