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media mergers

The twin-arched Melrose Gate at the entrance to the Paramount Pictures lot in Hollywood, with palm trees rising behind it and a guard booth beside the empty driveway.

Paramount is selling equity at $12 while its shares trade at $10.18

Paramount Skydance closed at $10.18 on Thursday. The equity syndicate funding the Warner Bros. Discovery takeover pays no less than $12.00, a gap of about $7.1bn across the full $46.95bn commitment. Elon Musk is one of the names discussed for it.

Nell Fairweather25 September 20265 min

media mergers — coverage | Magzinez