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ZeroCool2u
1 day ago
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Paramount launches hostile bid for Warner Bros
Yeah, the reverse breakup fee is ~2.6B I believe, but the Paramount takeover doesn't have to succeed for that fee to kick in. WB just has to back out.
indigodaddy
1 day ago
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Right, but if it does succeed, does it then kick in?
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semiquaver
19 hours ago
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Yes
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