Espresso

Sign in Subscribe

Warner Bros. Discovery

$111 Billion Merger, Zero Legal Safety: How Paramount Bought WBD Before the Lawsuits Landed

$111 Billion Merger, Zero Legal Safety: How Paramount Bought WBD Before the Lawsuits Landed

🚩 Paramount Buys WBD. The Market Cheers. You Might Want to Sit This One Out. Paramount paid $31/share for WBD. The stock jumped. Analysts cheered. Here's what the headlines skipped: David Zaslav sold $59.47M in WBD stock 3 weeks after closing. The CEO who knows the balance

$110B Paramount-WBD Merger: Approved, Delayed, and Costing $2.6B a Year in Legal Limbo

$110B Paramount-WBD Merger: Approved, Delayed, and Costing $2.6B a Year in Legal Limbo

📉⚖️💸 The Paramount–WBD Merger: A Masterclass in Paying More to Delay the Inevitable $110 billion merger approved. $2.6 billion/year in delay penalties. $31/share — but you'll wait until June 2027 to see it. That's not a buyout. That's a patience tax on