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RedBird reportedly put $4 billion into Paramount's Warner Bros. Discovery deal
Variety says a source familiar with the deal confirmed the investment in what it calls Hollywood's biggest M&A deal.
TLDR
Variety reports that RedBird Capital Partners, led by Gerry Cardinale, invested $4 billion in Paramount's deal to merge with Warner Bros. Discovery. A source familiar with the deal confirmed the figure to Variety, which describes the merger as Hollywood's biggest M&A deal in history.
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