24 Hrs
Source:
New York Post
States sue over Paramount Warner Bros deal
A group of states is preparing a lawsuit to block Paramount Skydance’s $110 billion acquisition of Warner Bros., citing potential threats to jobs and competition in the entertainment industry. California Attorney General Rob Bonta’s office is expected to decide soon on whether to pursue legal action. Shares of Warner Bros. and Paramount declined following the news of potential legal challenges.
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