Exceptional regulatory analysis here. The CFIUS angle with sovereign wealth fund exposure from Gulf states is often underweighted when people compare these bids. That combined with CBS+CNN consolidation probably turns this into a 18-24 month approval nightmare even if they clear the first hurdles. Markets seem way too optimstic on PSKY's chances.
Nice job. The political aspect makes this one hard to handicap for me. Polymarket have them pretty even at ~42% of closing. I also believe that this is existential for Paramount to get done.
Exceptional regulatory analysis here. The CFIUS angle with sovereign wealth fund exposure from Gulf states is often underweighted when people compare these bids. That combined with CBS+CNN consolidation probably turns this into a 18-24 month approval nightmare even if they clear the first hurdles. Markets seem way too optimstic on PSKY's chances.
I enjoyed this Simeon! Thanks for the analysis.
Nice job. The political aspect makes this one hard to handicap for me. Polymarket have them pretty even at ~42% of closing. I also believe that this is existential for Paramount to get done.