Paramount Requests $1.88B Bond From State AGs Trying to Stop Paramount Merger
- Paramount is requesting a $1.88 billion bond from 12 Democratic state attorneys general who are suing to stop the Paramount Skydance-Warner Bros. Discovery merger.
- Ashley Baker, Executive Director of the Committee for Justice, criticized the bond request as politically motivated and irresponsible, specifically under Attorney General Rob Bonta.
- California Attorney General Rob Bonta leads the coalition of 12 state attorneys general and the Writers Guild of America in the antitrust lawsuit opposing the merger.
- Paramount stated that plaintiffs must accept financial consequences if their challenge fails, and Bonta's office said the bond request lacks merit and looks forward to the court hearing on September 24.
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46 Articles
Paramount’s CEO has ‘tricks up his sleeve’ to get his Warner acquisition cleared in California
No one knows when or if California AG Rob Bonta will agree to hold settlement talks with Paramount Skydance regarding its merger with Warner Bros. Discovery – but David Ellison has a "few tricks up his sleeve," On The Money has learned.
Paramount asks court for bond in Warner Bros. merger fight - Los Angeles Wave Newspaper Group
Wave Wire Services LOS ANGELES — Paramount Skydance Corporation asked a federal judge Sept. 8 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 in support of its request, saying it has satisfied all conditions needed to close the transaction and…
Paramount requests $1.88B bond from state AGs trying to stop Paramount merger
(The Center Square) – In response to a lawsuit from 12 Democratic state attorneys general attempting to stop the Paramount Skydance-Warner Bros. Discovery merger, Paramount is requesting a $1.88 billion bond from the coalition of state officials.
Time for HOLLYWOOD to FAFO...
It might be time for Hollywood to FAFO what happens if they keep stalling out the Paramount merger. David Ellison's lawyers are pointing out that California AG Rob Bonta and the lawsuits of 11 blue states are literally the only holdup, and there's gonna b
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