Paramount Asks Federal Judge for Bond in Warner Bros. Merger Fight

Paramount reiterates nearly $1.9 billion bond request over WBD merger delay

In a press release, Paramount filed court documents Tuesday supporting the request for the 12 state attorneys general and the Writers Guild of America (WGA) to post a bond to help cover their losses in response to the merger's delay.

Paramount Argues That the States Post a $1.88 Billion Bond to Cover Warner Bros. Bills

Courts have historically side-eyed issuing massive bonds in merger cases, particularly when the government challenges the deal. The states have stressed that Paramount proposed the term to win over shareholders.

Paramount Asks Federal Judge for Bond in Warner Bros. Merger Fight

Paramount Skydance Corporation Tuesday asked a federal judge to require state attorneys general and the Writers Guild of America to post a bond to cover potential losses stemming from lawsuits that have delayed the company’s proposed $110 billion acquisition of Warner Bros. Discovery. Paramount filed reply briefs Tuesday in support of its request, saying it […]

Paramount Warns California AG, Others About What Happens If Antitrust Suit Fails

Just weeks before Paramount Skydance starts being on the hook for the much vaulted $7 million a day ticking fee to Warner Bros Discovery shareholders, the David Ellison-run company today pushed hard once again for the Writers Guild of America plus California and 11 other states to pony up a nearly $2 billion bond in […]

Paramount Repeats Demand That States and WGA Post $1.88 Billion Bond Over Warner Bros. Merger Delay, After AGs Argue Company Is Trying to ‘Offload Its Responsibility’ for Ticking Fees

Paramount Skydance on Tuesday reiterated its demand in a court filing that the 12 states and the WGA — whose antitrust lawsuits seek to block its takeover of Warner Bros. Discovery — post $1.88 billion in bond as security for the losses Paramount would incur if the deal doesn’t close until after the trial concludes […]

Paramount says California AG contradicted bond arguments in TV interviews

By Jody Godoy Sept 8 (Reuters) – Paramount Skydance said on Tuesday that California Attorney General Rob Bonta made statements in television interviews that undermine his legal arguments against the company’s request ​for a $1.88 billion bond in the Warner Bros. Discovery ‌merger case. Paramount is looking to insulate itself against the cost of delaying its bid to become a major rival of Netflix and Disney, as California and others seek to block…