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Paramount Repeats Demand That States and WGA Post $1.88 Billion Bond Over Warner Bros. Merger Delay, After AGs Argue Company Is Trying to ‘Offload Its Responsibility’ for Ticking Fees
Paramount Skydance reiterated its demand that the 12 states and the WGA -- whose antitrust lawsuits seeking to block its takeover of Warner Bros. Discovery -- post $1.88 billion in bond as security for the losses Paramount would incur if the deal doesn't close until after the trial concludes.
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variety.com
Paramount Repeats Demand That States and WGA Post $1.88 Billion Bond Over Warner Bros. Merger Delay, After AGs Argue Company Is Trying to…
Paramount Skydance reiterated its demand that the 12 states and the WGA -- whose antitrust lawsuits seeking to block its takeover of Warner Bros. Discovery -- post $1.88 billion…
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hollywoodreporter.com
Paramount Argues That the States Post a $1.88 Billion Bond to Cover Warner Bros. Bills
Courts have historically side-eyed issuing massive bonds in merger cases, particularly when the government challenges the deal. The states have stressed that Paramount proposed…