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Paramount absorbs near-9% yields on $52bn Warner Bros deal financing
Financial Times·US·1 day ago
Paramount's $41 billion merger and acquisition deal has fallen through after negotiations, leaving the media giant with $52 billion in high-cost long-term debt. The failed deal and heavy debt load raise concerns about Paramount's financial flexibility and strategic direction. The collapse may signal broader M&A market caution in media amid rising financing costs.