States urge court to reject Paramount bond request
California and other states urged a federal judge to deny Paramount a $1.88 billion bond for merger delays. They argued the costs are self-imposed and should not shift to the public.
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United States state officials and the Writers Guild of America urged a federal court on Monday morning to reject PARAMOUNT SKYDANCE CL B's request for a $1.88 billion bond. The studio sought the funds to cover delay costs in its $110 billion acquisition of WARNER BROS DISCOVERY INC after antitrust challenges stalled the merger.
