Priority Technology To Go Private In $1.6 Bln Acquisition Led By CEO Thomas Priore

Priority Technology Holdings (PRTH) stock surged 32.9% in pre-market trading after announcing an agreement to be acquired by an investor group led by its CEO at $8.05 per share, valuing the company at $1.6 billion. The offer is higher than a previous proposal and near the stock's 52-week high. The deal removes uncertainty and is seen as favorable by investors.

Priority Technology Holdings, Inc. (PRTH) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 Priority Technology Holdings, Inc. Reports Second Quarter Financial Results Second Quarter Performance Driven by Strength of Unified Commerce Platform ALPHARETTA, GA - August 6, 2026 -- Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority Commerce" or the "Co

Paramount Skydance settled with 12 U.S. states, including California, over its $110B acquisition of Warner Bros Discovery. The settlement includes independent editorial boards for CNN and CBS, and a $30M penalty per film if fewer than 30 movies are released annually. This clears a major hurdle for the merger, which would combine major film studios, streaming services, and cable-news operations. The deal still requires final approval.

Paramount Skydance (PSKY) settled a lawsuit with 12 states and the Writers Guild over its merger with Warner Bros. Discovery (WBD). The settlement holds PSKY financially responsible for alleged failures, according to Bloomberg sources.

Paramount Skydance settled with California and other states challenging its $110B merger with Warner Bros Discovery, according to Bloomberg. The settlement, expected to be announced, clears a major hurdle for the deal. The companies did not comment. The Wall Street Journal reported potential concessions, including a $1.5B investment in California production.

Warner Bros. Discovery (WBD) and Paramount Skydance (PSKY) shares rose 7% and 5% respectively on reports of advancing antitrust settlement talks. The settlement may require 30 annual theatrical releases or a $30M-per-film penalty. Netflix (NFLX) saw minimal gain, confirming the rally is deal-specific. The Communication Services ETF (XLC) rose 0.7%, indicating no broad sector re-rating. Both companies still face challenges from state attorneys general and the Writers Guild.