Warner Brothers Discovery

“So Paramount will be footing the 2.8 billion dollar breakup fee paid from Warner to Netflix.”

“So he came in with an offer of 19 dollars per share. Finally got it done at 31 a share.”

“So the proposed deal was the, and is the largest merger in Hollywood history. It would combine two of the five major film distributors and give the resulting company control of roughly 27% of US film distribution and basic cable channels.”

“Worth noting that the Justice Department has already cleared the merger while China and other international regulators have raised no comparable, comparable objections thus far.”

“Paramount is weighing whether to shift major operations out of California after Attorney General Rob Bonta and 11 other state attorneys general, I always get that wrong, filed today to block its one hundred and ten billion dollar acquisition of Warner Brothers…”

“Beginning October first, the company will owe Warner Brothers Discovery shareholders a seven million dollar, seven million dollars per day ticking fee until the transaction closes.”