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Paramount Delays $111 Billion Deal with Warner Bros.
Paramount has postponed its acquisition of Warner Bros. Discovery, which is valued at $111 billion. The delay will result in a financial penalty of $650 million for each quarter the deal does not close, beginning in October.
Companies
Paramount
Warner Bros. Discovery
Our neutral summary
Paramount has postponed its acquisition of Warner Bros. Discovery, which is valued at $111 billion. The delay will result in a financial penalty of $650 million for each quarter the deal does not close, beginning in October.
Read the full story at New York Times — Business ↗
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