California Attorney General Rob Bonta has canceled a meeting that was scheduled for Monday over Paramount’s planned $110 billion takeover of Warner Bros. Discovery, CNN’s parent company.
The parties were due to discuss a potential settlement of the lawsuit that has frozen the media mega-merger in place.
But Bonta called off the meeting after the Wall Street Journal reported that lawyers for both sides held a prep session on Friday and discussed what the states might want from Paramount.
“Paramount did not maintain the confidentiality of that meeting,” Bonta said in a statement late Sunday night.
“Not only did Paramount leak the alleged substance of settlement discussions, but they misrepresented these discussions, demonstrating a lack of good faith,” Bonta said.
