Paramount’s legal officer hints at CNN sale option as 12 states, led by California, file lawsuit to block merger.
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Paramount Skydance is reportedly considering the sale of CNN as part of an effort to resolve an antitrust lawsuit challenging its proposed $110bn merger with Warner Bros. Discovery.
On Tuesday, at Politico’s Agenda California conference, Paramount’s chief legal officer, Makan Delrahim, said a potential sale was on the table as 12 states led by California sued to block the merger.
