It’s funny because a company with $14 billion of debt is taking over a company that’s $33 billion in debt.
callmecrude on
There’s currently a 13.7% yield on buying WBD and holding to the expected merger close date (32.9% annualized yield).
If the closing date is extended then you’re paid an additional 4% yield until it does.
If the deal falls through then WBD receives $7B cash (10% yield).
Anyone else playing this?
Kill_4209 on
Finally CNN will start reporting the real news. /s
LunaD0g273 on
Headline is wrong. It should read “Warner Brothers bagholders approve Paramount’s $81 billion takeover of the Hollywood giant.”
Top_Category_2526 on
Fuck Paramount, Fuck Gaspar Gomez! And fuck the fucking Diaz brothers! Fuck ’em all!
Royal_Letterhead2173 on
Merging two burning dumpster fires into one giant, 81 billion dollar mega-dumpster fire. can’t wait to see the loss porn on this in two years tbh.
GreatGojira on
Can’t wait to boycott WB movies in the future..
President-Resident on
damn. RIP James Gunn’s DC universe.
TigerWooded on
Better than Netflix…
kudoshinchi on
In few years US government will bail them out like Spirit
OscarCapac on
Many IPs saved from Netflix treatment, good news for culture if not for their balance sheet
Sad_Juggernaut_5103 on
Boycott Dune 3
No_Albatross4191 on
Terrific
zaevilbunny38 on
Love to see how this is going to happen since most of the money was put up by Saudi Arabia and the UAE, and they have declared force majaure due to Iran. No oil flow, no money.
Itry31 on
This is the best outcome for Netflix. Because they will swoop in and buy at a steeper discount in the future.
Sensitive-Radish-292 on
The only winner here are WB shareholders. They will probably take their money and buy NFLX now.
18 Comments
Lol. This is going to be such a shitshow.
WB goes dark for me then…
It’s funny because a company with $14 billion of debt is taking over a company that’s $33 billion in debt.
There’s currently a 13.7% yield on buying WBD and holding to the expected merger close date (32.9% annualized yield).
If the closing date is extended then you’re paid an additional 4% yield until it does.
If the deal falls through then WBD receives $7B cash (10% yield).
Anyone else playing this?
Finally CNN will start reporting the real news. /s
Headline is wrong. It should read “Warner Brothers bagholders approve Paramount’s $81 billion takeover of the Hollywood giant.”
Fuck Paramount, Fuck Gaspar Gomez! And fuck the fucking Diaz brothers! Fuck ’em all!
Merging two burning dumpster fires into one giant, 81 billion dollar mega-dumpster fire. can’t wait to see the loss porn on this in two years tbh.
Can’t wait to boycott WB movies in the future..
damn. RIP James Gunn’s DC universe.
Better than Netflix…
In few years US government will bail them out like Spirit
Many IPs saved from Netflix treatment, good news for culture if not for their balance sheet
Boycott Dune 3
Terrific
Love to see how this is going to happen since most of the money was put up by Saudi Arabia and the UAE, and they have declared force majaure due to Iran. No oil flow, no money.
This is the best outcome for Netflix. Because they will swoop in and buy at a steeper discount in the future.
The only winner here are WB shareholders. They will probably take their money and buy NFLX now.