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Warner Doesn't Trust Paramount

5 points| ioblomov | 2 months ago |bloomberg.com

3 comments

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techblueberry|2 months ago

When you buy something for $100 billion dollars, do you wire the money like you would if it were a house?

JohnFen|2 months ago

Usually, little of it is real money, but is stock and debt instead. But I imagine the cash portion is wired.

I've never sold a business that large, but with the businesses that I have sold, the payment was in the form of a structured series of wire transfers.