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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back
- Thread starter Kepler
- Start date
aparch
Acetaminamerican
Listen here Phoenix Pete...Epstein has, oh, sorry, hadhigher standards.
Kepler
Si certus es dubita
Phoenix Pete took the train.
ticapnews
Never graduate.
Paramount has announced that it is delaying the purchase of Warner Bros until next summer. The purchase agreement has a 4 June, 2027 expiration date. Paramount is hoping to win all the lawsuits it faces by 1 June, 2027 to complete the deal. The delay will cost Paramount (Larry Ellison) up to $2.3 billion in an agreement with WB shareholders. I seriously doubt Paramount wins the cases, and certainly not by next June. If for any reason the deal does not get done, Ellison owes $7 billion. If by some miracle the deal does close, the new conglomerate will be in nine figures of debt.
9 figures?
Paramount's 2025 year end balance sheet showed 30,455,000,000 in liabilities.. Even the long term debt portion is 11 figures, at $14.3B. Guessing this deal does not retire all but the last 999M of debt.
ticapnews
Never graduate.
Sorry. 12 figures. $110 billion of new debt. $110,000,000,000 On top of what is already owed.
That's why Warner didn't want anything to do with this deal unless Larry backed the deal personally. Paramount has no money and the stock is literally junk.
FadeToBlack&Gold
Proud Statist
I don't care how much money you're worth, anyone who would personally guarantee that much debt is an absolute greedy fool. Especially if much of your wealth isn't liquid.
I even know a POTUS who might still remember his biggest career mistake, that he spent years cutting deals and getting shady mob and overseas bank loans to bail himself out of. But of course, he probably doesn't consider it a mistake.
I even know a POTUS who might still remember his biggest career mistake, that he spent years cutting deals and getting shady mob and overseas bank loans to bail himself out of. But of course, he probably doesn't consider it a mistake.
ticapnews
Never graduate.
Of course he's greedy. And too big to fail. He's turned CBS News into a propaganda machine and will now do the same with CNN. For that the dictator-for-life will give him sweet government contracts and bail him out financially if anything goes wrong. Hell, getting Colbert off the air is a huge win for the child rapist war criminal, worth a few billion taxpayer dollars. Larry is buying Warner Bros, reshaping the news and entertainment industries and eventually they're making us pay for it. Ain't it grand?
MissThundercat
Are the cis okay?
"Eagles are eating your liver. That might be a good thing."
aparch
Acetaminamerican
In a new twist, data centers should be allowed to be built because they are an expression of free speech....
www.inquirer.com
A South Jersey town banned data centers. A $300 million lawsuit alleging equal protections and free speech violations quickly followed.
Hexa Builders filed a lawsuit on June 5 in New Jersey Superior Court after Monroe officials denied its application to build a 1 million-square-foot data center and a warehouse on the property.
www.inquirer.com
ticapnews
Never graduate.
This is why I didn't reshort the market after my pie-in-the-sky put options were actually called last week. It is just as likely the market will soar for no reason as it is to crash.