Paramount has $24 billion in Middle East sovereign wealth funds for WBD purchase
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We’ve been hearing for months that Paramount was trying to finance its purchase of Warner Bros. Discovery with money it didn’t actually have, and that sovereign wealth funds from Middle Eastern countries would help make up the difference. Now, we have some confirmed information. That difference is just shy of $24 billion, The Wall Street Journal reports. Yes, that’s “billion” with a “B.” About $10 billion of that is coming from Saudi Arabia, with Qatar a
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