wsj.com

Paramount Seeks $1.88 Billion Bond From States and Writers Guild in Warner Case

Paramount Skydance logoParamount Skydance
Sig3.30Sen-2.25Env0.00Soc0.00Gov-2.16
Warner Bros. Discovery logoWarner Bros. Discovery
Sig3.97Sen-3.35Env0.00Soc-0.39Gov-2.27

Paramount asked a judge to require 12 states and the Writers Guild of America to post nearly $1.88 billion as a bond for challenging its planned acquisition of Warner Bros. Discovery. Paramount’s motion argues the plaintiffs should be held financially responsible for monetary damages Paramount claims to suffer during litigation intended to block the roughly $81 billion deal.

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