Paramount adds quarterly ticking fee to Warner Bros bid
Paramount updates its cash bid for Warner Bros Discovery by adding a quarterly ticking fee. This fee applies if the merger is not completed by the end of 2026.
Insights:
Paramount Global announced on February 10, 2026, a revision to its $30-per-share all-cash bid for Warner Bros. Discovery, Inc. . The updated proposal includes the addition of a ticking fee of 25 cents per share for each quarter the transaction is not closed after December 31, 2026. This revision increases the deal's cash cost for delays and alters the incentives regarding the timing of the final closing.
