Paramount Skydance CEO Says Open To Finding A Solution Out Of Court Regarding Ongoing Litigation On Warner Bros Deal; We Do Incur Costs Beyond September 30. Bridge Carries Modest Fees Of $8M To $9M A Month, Plus An Additional Bridge Commitment Fee Due In June Of 27; In Total, Costs Adds Up To Around $190M In Incremental Financing If Warner Bros Deal Don't Close Until June
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Why It Matters
Paramount's new owner is working on a big deal to buy Warner Bros, but it's taking longer and costing extra money each month. When grown-ups have disagreements about big deals, they sometimes find ways to solve them without going to court, which can save time and money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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