BUSINESSFORTUNE
Careful what you bid for: The Ellisons’ Paramount/WBD deal is slipping toward a costly legal and financial cliff
Paramount Skydance agreed to acquire Warner Bros. Discovery for $110 billion, but the deal faces legal challenges from a coalition of state attorneys general led by California’s Rob Bonta, who argue it would create antitrust concerns and reduce competition in media. Paramount has delayed the merger until after a trial verdict or June 2027, with conflicting demands over the trial date.
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