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7.5
Paramount absorbs near-9% yields on $52bn Warner Bros deal financing
Financial Times·US·about 9 hours ago
A US judge cleared Paramount's $110 billion acquisition of Warner Bros, removing the final legal hurdle. The company also named Mattel's Ynon Kreiz as co-CEO, signaling a leadership structure for the combined entity. The deal's closure is imminent, with integration risks and market reaction to follow.