Companies
Sunday, 7/5, 04:37 PM
Paramount's Warner Deal Faces a $650 Million-a-Quarter Clock as Regulators Delay
- Paramount Skydance's roughly $110 billion cash takeover of Warner Bros.
- Discovery carries a costly catch: if the deal is not done by the end of September, Paramount owes Warner shareholders about $650 million for every quarter it drags on.
- With EU and UK regulators still reviewing, that clock is now a real risk.