Jan. 14 at 3:05 AM
$PSKY $WBD $NFLX And, for the very first time, the Board added in a new claim that
Paramount’s debt financing was also insecure because the banks—Bank of America,
Citigroup, and Apollo Capital Management—might breach their market-standard
contractual commitments. In making this assertion, the Board did not explain what
analysis it relied upon to conclude those three financing sources are more likely to breach their fully enforceable contractual obligations than Netflix’s debt financing
sources—Wells Fargo, HSBC, and BNP Paribas.
