On September 3, Paramount Skydance Corp rose 5.45% in regular trading, trading at $11.125 per share, with turnover of $72.65 million.

On the news front, the company announced an extension of its cash tender offers and debt exchange proposals targeting outstanding notes issued by Warner Bros. Discovery subsidiaries, with the new deadline set for September 11. The company anticipates further extensions to align settlement with the closing of its proposed acquisition of Warner Bros. Discovery. As of August 28, approximately 66% of the cash-targeted securities and 75% of the exchange-eligible debt had been tendered by bondholders, reflecting strong market participation.

The high tender rates signal growing credibility around the deal's completion. The company previously cleared all regulatory hurdles across nearly 70 countries, with a state attorney general lawsuit remaining as the sole barrier. A trial date has been set for March of next year. Additionally, the company reported Q2 revenue of $6.91 billion and raised its full-year adjusted EBITDA guidance to $3.8-$3.9 billion, while management reiterated confidence in closing the Warner Bros. Discovery merger.

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