HSX Forum
Movies
there might be an out in the deal language if closing is held up for legal reasons (or Zaslav et al could just agree to press pause) {nm}
Posted by: jimothy (a.k.a mickpix) on Jul 24, 13:11
in response to notfabio's post That's hundreds of millions in ticking fees.
DL: Paramount has agreed not to close the WB deal until June 1st, 2027 or until the merits of the States & WGA suits are resolved (!!)
notfabio
Jul 24, 13:04
That's hundreds of millions in ticking fees.
{nm}
notfabio
Jul 24, 13:07
there might be an out in the deal language if closing is held up for legal reasons (or Zaslav et al could just agree to press pause)
jimothy
Jul 24, 13:11
How many days add up to the $7B breakup fee Paramount has to pay WB.
{nm}
Antibody
Jul 24, 13:13
To answer my own question, $7M a day so 1000 days, or more than 2 and half years.
{nm}
Antibody
Jul 24, 13:18
almost certainly guarantees actual congressional oversight by Dems before next June. also AI bubble might burst before then
{nm}
jimothy
Jul 24, 13:23
What does the AI bubble have to do with anything? Larry Ellison won't be able to backstop the deal? {nm}
Abraxas
Jul 25, 11:06
daddy personally guaranteed $40b of the purchase price with Oracle stock
{nm}
jimothy
Jul 25, 20:13