California AG Cancels Meeting on Paramount–Warner Bros Deal Settlement
California’s attorney general canceled a scheduled meeting with Paramount representatives to begin settlement discussions over the state’s lawsuit challenging Paramount’s proposed acquisition of Warner Bros. Discovery. Rob Bonta accused Paramount of acting in bad faith and said only sincere engagement could reopen talks. California and 12 other AGs allege the deal would create outsize market power, with structural remedies likely required.
Coverage (8)
- California Attorney General Ramps Up Criticism of Paramount (wsj.com)
- California Attorney General Cancels Paramount Meeting Over Warner Bros. Discovery Merger Leaks (eurasiabusinessnews.com)
- California AG Rob Bonta cancels Paramount settlement meeting, citing 'lack of good faith' (cnbc.com)
- California AG Calls Off Paramount-Warner Bros. Meeting, Accusing Company of “Playing Games” (hollywoodreporter.com)
- California AG Rob Bonta cancels Paramount merger settlement talks (finance.yahoo.com)
- California Attorney General Cancels Paramount Settlement Talks Over $111 Billion Warner Bros. Discovery Deal, Says He’ll Meet When They ‘Stop Playing Games’ (variety.com)
- California Cancels Talks With Paramount Over Warner Bros. Merger (nytimes.com)
- California cancels talks with Paramount over Warner Bros deal (reuters.com)