Coffee Break: Ellison Empire Settles on Skydance, Takes Big Bond Hit, Names Team
Having cleared the biggest legal hurdle, the Ellison media empire has assumed control of WBD, dumped all over the bond markets, and named their leadership team for the new organization which will be called Skydance after David Ellison's studio.
We haven't written up this one. Naked Capitalism has the full story — the link below goes straight to it.