Skydance’s $80 billion debt dwarfs its merger savings math
TheWrap’s Lucas Manfredi reports that Skydance faces nearly $80 billion in net debt after closing its Paramount-Warner Bros. Discovery merger, with a debt-to-EBITDA ratio Fitch pegs at 7.8 times, well above the 2-to-3 times standard for media companies.
Signal from thewrap.com · Lucas Manfredi · read the original.
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