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Paramount’s Debt Downgraded to Junk Following Warner Bros. Purchase Deal - Bloomberg

Paramount’s Debt Downgraded to Junk Following Warner Bros. Purchase Deal - Bloomberg
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Fitch Ratings downgraded Paramount Skydance Corp.s corporate and long-term borrower ratings to junk following the media companys agreement to buy larger rival Warner Bros. Discovery Inc., a deal that… [+341 chars]

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