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Proactive Investors
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4 days ago
UBS maintained its 'sell' rating on Paramount Skydance Corp (NASDAQ:PSKY) even as the company's settlement with attorneys general from 12 states removed the last major obstacle to closing its acquisition of Warner Bros Discovery. Management expects the deal to close in approximately two weeks, around September 30, before a ticking fee of about $650 million per quarter, or roughly $7 million per...