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Bank of America and Citigroup sold down a $49 billion bridge loan backing Paramount Skydance's takeover of Warner Bros. Discovery to a wider group of banks.

Updated ·First reported

Developing — full summary pending.

Bank of America and Citigroup sold down a $49 billion bridge loan backing Paramount Skydance's takeover of Warner Bros. Discovery to a wider group of banks.

Locations

New YorkUnited States, North America
40.71, -74.01