⚡ PSKY acquiring WBD at $31/share; AES merges with Global Infrastructure at $15/share
Published Mar 2, 2026
Daily SEC Intelligence for S&P 500 Investors
Paramount Skydance is acquiring Warner Bros. Discovery at $31 per share in a deal that consolidates two of Hollywood's biggest content libraries, while AES agreed to a $15-per-share merger with Global Infrastructure Management and the EQT Infrastructure VI fund in what marks one of the largest utility takeouts this year. Elsewhere, Eaton named Foster as CFO effective today—a quiet personnel move overshadowed by the day's M&A fireworks.
Paramount Skydance agreed to acquire Warner Bros. Discovery in a merger deal valuing WBD shares at $31.00 per share in cash. The boards of directors of both companies unanimously approved the merger agreement, with WBD's board recommending shareholders approve the transaction.
AES Corporation entered into a merger agreement with investment vehicles affiliated with Global Infrastructure Management and the EQT Infrastructure VI fund, under which AES shareholders will receive $15.00 per share in cash. The transaction will result in AES becoming a wholly owned subsidiary of the acquiring entity following the merger.
Eaton Corporation appointed David B. Foster as Executive Vice President and Chief Financial Officer, effective March 2, 2026. Foster, age 54, previously served in various finance leadership roles at Eaton from 1993 through 2022, including as Senior Vice President, Finance and Planning for the Industrial Sector.