The Daily Buyout

Wednesday, October 7, 2026

The Daily Buyout

50 deals · $134B announced

Hollywood has a new giant: Paramount has closed its $110 billion takeover of Warner Bros. Discovery, now operating as Skydance. Behind it, the pipeline business stayed busy, a $5.8 billion healthcare take-private landed, Canada's competition watchdog sank a vegetable deal, and Uber went shopping for catering.

Top deal of the day

Paramount closes $110B Warner Bros. Discovery takeover, becomes Skydance

$110BStrategic acquisitionMedia & TelecomCompleted

Paramount completed its $110 billion acquisition of Warner Bros. Discovery on October 6, forming a combined company called Skydance under David Ellison. The deal unites Paramount+ and HBO Max with CBS, CNN, TBS and franchises like Game of Thrones and the DC Universe. It closed after settlements with a coalition of U.S. states and a Hollywood writers' union cleared the main legal hurdles.

Why it matters: One of the biggest mergers of all time reshapes Hollywood, ending a bidding battle in which Netflix had earlier agreed to buy WBD's studios and streaming business.

Read at TechCrunchFree
3
$5.8BTake-privateHealthcare & Life Sciences

CD&R and McKesson to take Option Care Health private for $5.8B

Clayton, Dubilier & Rice and McKesson agreed to acquire Option Care Health for $32.05 per share in a deal valued at about $5.8 billion. CD&R will hold majority ownership, while McKesson invests roughly $1.4 billion for about 49%, with a framework to potentially buy CD&R's stake later. Option Care shares jumped about 34%.

Read at SEC EDGARFree
5
$4.4BStrategic acquisitionEnergy & UtilitiesCompleted

ONEOK closes $4.4B purchase of Brazos Midstream's Midland Basin assets

ONEOK completed its acquisition of Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for about $4.425 billion in cash. The deal more than doubles ONEOK's Midland processing capacity to roughly 2.3 billion cubic feet per day and adds about 600,000 dedicated acres under long-term fixed-fee contracts.

Read at GlobeNewswireFree

Other deals this day43 more

Get tomorrow's edition in your inbox