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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

Where is that clause? Is it contract boilerplate you have a year to close or something?

Edit: oh god, I get it now. Paramount did this intentionally to force the board to accept them by nullifying the risk of regulatory collapse.

Yowzer. If I were WB I wouldn't even fight the case. Throw it all on Paramount. Hell, maybe join the case against themselves!

If Warner loses (i.e, wins) the case, will the $7B be enough to stabilize them and keep them outta the mouth of the other fish?
 
Last edited:
Kepler said:
The fine forest folk of r/wsb just discovered they can buy Brent crude oil futures on the Intercontinental Exchange under the ticker symbol BZ-x, where x is the future month.

That entire sub is about to go broke.
Click to expand...
I want to invent a financial instrument where I can bet against the investments made by the wsb forum.
 
Kepler said:
Where is that clause? Is it contract boilerplate you have a year to close or something?

Edit: oh god, I get it now. Paramount did this intentionally to force the board to accept them by nullifying the risk of regulatory collapse.

Yowzer. If I were WB I wouldn't even fight the case. Throw it all on Paramount. Hell, maybe join the case against themselves!

If Warner loses (i.e, wins) the case, will the $7B be enough to stabilize them and keep them outta the mouth of the other fish?
Click to expand...
Possibly, but the shareholders seem to be hot to sell to either Larry or to Netflix. Maybe a $7 billion cash infusion will quiet them for a while.

Warner has a market cap of $64 billion with the stock sitting at $25. So you can see why the shareholders were so stoked about a $110 billion ($31/share) offer from Larry. When the Paramount/Netflix bidding war started the stock was stuck at $13.

The company has a debt of $32 billion which is significantly lower than when it peaked at $52 billion in 2022.
 
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