Closing the acquisition of Warner is expected to take at least nine months as regulators examine the deal. If and when the purchase happens, Paramount has said it will find $6 billion of “cost synergies.”
Why is this a problem?
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The public inquiry into the Covid pandemic has cost the government more than £100m to respond to so far, the BBC has learnt. This is on top of the £192m spent by the inquiry itself - meaning the cost to the taxpayer is over 50% more than previously thought.
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