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Source:
Los Angeles Times
Paramount CEO Affirms Warner Merger Status
Paramount has agreed to delay its proposed $111-billion merger with Warner Bros. Discovery to address a stronger-than-expected antitrust challenge from California and other states. The delay, expected to extend into 2027, follows legal action led by California Attorney General Rob Bonta and additional state attorneys general. Despite the setback, Paramount remains confident the merger will proceed, arguing that regulatory approvals and legal support from authorities indicate no legal issues.
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