California Attorney General Rob Bonta canceled settlement talks with Paramount Skydance over its proposed $110 billion acquisition of Warner Bros Discovery, accusing the company of leaking and misrepresenting confidential discussions. Paramount denied the allegation and said it remains ready to negotiate. The lawsuit remains a key obstacle to completing the deal.

Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery (WBD) are set to meet next week for talks that could lead to a settlement.

Paramount and the California A.G. office are set to meet Monday to discuss a settlement of the antitrust lawsuit over Paramount's Warner Bros. Discovery deal.

Estado diz que empresa distorceu conversas e agiu sem boa-fé

Paramount had planned a $111 billion acquisition of Warner Bros. But Rob Bonta is leading an antitrust lawsuit to block the merger.