Paramount Discusses 1.5B Investment With California
Paramount and the California attorney general have discussed advanced settlement concessions including a 1.5 billion dollar state investment. The talks aim to resolve antitrust hurdles blocking the proposed acquisition of Warner Bros. Discovery.
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PARAMOUNT SKYDANCE CL B and California regulators are discussing a $1.5 billion state production investment to clear its merger. The talks are part of advanced settlement negotiations over the proposed $110 billion acquisition of WARNER BROS DISCOVERY INC in the United States. Antitrust enforcers filed a lawsuit in July aiming to block the consolidation over market power concerns.
