California Halts Paramount Talks
California Attorney General Rob Bonta canceled settlement talks with Paramount over an antitrust lawsuit seeking to block its acquisition of Warner Bros Discovery. Bonta cited confidential leaks as the reason for halting the meeting.
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California Attorney General Rob Bonta canceled settlement talks with PARAMOUNT SKYDANCE CL B over its $110B merger with WARNER BROS DISCOVERY INC following leaked discussions. The antitrust lawsuit represents the final major hurdle for the mega-deal in the United States alongside a Writers Guild of America challenge. Bonta stated that the studio must demonstrate sincere, good-faith engagement before any future meetings occur.
