Paramount outlines $6 billion savings for Warner financing
Paramount Skydance Corp has told prospective lenders it expects to deliver more than $6 billion of annual cost savings within three years of completing its Warner Bros. Discovery acquisition, placing the synergy target at the centre of efforts to contain the combined company’s heavy debt burden. The company expects to capture about 30% of the projected savings during the first year after closing,…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
