business

BlackRock and Oaktree Seize Movie Servicer in $900 Million Deal

BlackRock and Oaktree Seize Movie Servicer in $900 Million Debt Takeover The sudden acquisition of a major movie servicer by investment giants BlackRock and Oaktree has sent shockwaves through the entertainment industry.

This massive deal, valued at $900 million, marks one of the largest private equity takeovers in recent history.

At its core, the acquisition is a debt takeover, with BlackRock and Oaktree assuming roughly $900 million in outstanding liabilities.

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