One group of shareholders walks away with cash at closing. The other inherits a renamed company on a new exchange carrying roughly $80 billion in debt, and the settlement terms make the usual escape ...

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See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Paramount and Warner Bros. Discovery completed a $111 billion merger on ...

Paramount Skydance on Tuesday completed its blockbuster $110 billion takeover of Warner Bros. Discovery creating a Hollywood heavyweight called Skydance and handing CEO David ‌Ellison control of one ...

Publix continues to close stores. During its second-quarter earnings call, Publix reported a 1 percent increase in net sales, to $15.7 billion, though comparable-store sales dropped 0.5 percent. Net ...

Now that Paramount and Warner Bros. are officially both owned by Skydance, dozens of major well-known properties will be united under the same umbrella. In the film realm, Paramount is known for Tom ...

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HBO Max and Paramount Plus are two of the leading players in streaming, but the two will soon officially become one thanks to the recently completed merger of Paramount and Warner Bros. Discovery. As ...

Paramount Skydance officially closed its multibillion-dollar deal to acquire fellow media giant Warner Bros. Discovery (WBD) on Tuesday, creating the largest provider in news, sports and entertainment ...

Paramount announced on Tuesday that it has completed its $110 billion acquisition of Warner Bros. Discovery to create a combined company called Skydance. The deal, which is one of the biggest mergers ...

Petco projects to close between 15 and 20 stores this year. However, its most recent quarterly results show that only a handful have shuttered. The pet retailer first said it planned to close stores ...

The landmark, which has welcomed guests since 1907, will undergo extensive exterior repairs during the multiyear closure Angelique Brenes is a writer-reporter at PEOPLE. She joined PEOPLE in 2026. Her ...