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      Paramount Wraps Up $52 Billion Debt Sale to Fund Warner Buyout

      Banks wrapped up the syndication of roughly $52 billion of debt to fund Paramount Skydance Corp.’s acquisition of Warner Bros. Discovery Inc., locking in long-term financing at a hefty cost for the US media giant.

      Source: Bloomberg
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud