"The highest leverage ratio in history" media merger was shorted! Arete: Paramount (PSKY.US) may have difficulty controlling Warner (WBD.US) after the merger, with a huge amount of debt. The target price is slashed to $2.

According to the Intelligence Finance App, Arete Research analysis suggests that Paramount (PSKY.US) management may lack sufficient experience to deal with the huge debt generated after its merger with Warner Bros. Discovery (WBD.US).