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David and Larry Ellison Sued by Paramount Investor Alleging ‘Illegal’ Side Deal With Donald Trump to Secure U.S. Approval for Warner Bros. Takeover
Paramount Skydance chief David Ellison and his tech billionaire dad Larry Ellison have been sued by a Paramount shareholder who alleges they cut an "illegal" deal with President Donald Trump to secure U.S. governmental approval for the takeover of Warner Bros. Discovery.
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huffpost.com
California, 11 States Suing To Block Paramount's $110 Billion Warner Bros. Deal
The lawsuit is a serious threat to Paramount CEO David Ellison's bid to transform his company into a major competitor to Netflix and Disney.
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axios.com
A dozen states file lawsuit to block Paramount Skydance-Warner Bros. Discovery merger
The lawsuit could derail or delay the closing of the deal, which could cost Paramount hundreds of millions of dollars.
