Paramount Considering Selling CNN to Close WBD Merger
Paramount is reportedly willing to sell CNN in order to close its $110.8 billion acquistion of Warner Bros. Discovery. The concession, outlined this week by Makan Delrahim, chief legal officer at Paramount, is an attempt to rescue the massive deal (and eliminate a daily $7 million penalty to Paramount should the deal does not close … Continue reading “Paramount Considering Selling CNN to Close WBD Merger”
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