Breaking Hype
Skydance Is Officially Here — And It’s Already in Trouble
The $52 billion debt sale for the Paramount-Warner Bros. merger is done — and the market’s already sweating. Wall Street banks, led by Apollo Global, Bank of America, and Citigroup, closed the financing in just seven days: $30 billion in investment-grade bonds, $12.4 billion in junk debt, and $9.46 billion in loans. The move clears a major hurdle for the $110 billion deal, now set to officially
2 hours ago1 min