U.S. states prepare lawsuit to block Warner Bros merger
A group of U.S. states is preparing a legal challenge to block the acquisition of Warner Bros by Paramount Skydance according to sources familiar with the matter. California Attorney General Rob Bonta previously indicated a decision on potential action would be made soon.
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A group of United States states is preparing a lawsuit to block the acquisition of Warner Bros by Paramount and Skydance, two sources familiar with the matter told Reuters on Friday. The potential legal challenge follows a period of regulatory review regarding the merger of the major media entities. The move signals an attempt by state-level officials to prevent the consolidation of these entertainment assets under a single corporate structure.
