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BUSINESSBloomberg Markets·1d ago

Paramount’s $52 Billion Debt Saga Ends With Hair-Raising Finale

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AI TLDR · GEMINI

Paramount Skydance Corp. has concluded its complex debt-funded takeover of Warner Bros. Discovery Inc. following a difficult negotiation process.

A cast of thousands. Records smashed. Instant losses and angry phone calls. If the months-long search for debt to fund the audacious takeover of Warner Bros. Discovery Inc. by David Ellison’s Paramount Skydance Corp. were a prestige drama, the past few days would have been the messy season finale.

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