(HedgeCo.Net) In what is quickly becoming one of the most consequential media transactions of the decade, Paramount has reportedly secured $24 billion in equity commitments from a consortium of Gulf sovereign wealth funds to support an $81 billion takeover of Warner Bros. Discovery. The proposed deal, still subject to regulatory scrutiny and final structuring, is already reverberating across global markets—particularly among hedge funds specializing in merger arbitrage, capital structure trades,...
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