Paramount CEO Threatens California Exit Over WBD Merger Antitrust Suit
Paramount CEO David Ellison has informed top executives that the company will begin the process of exiting California on October 1 if the State Attorney General Rob Bonta refuses to negotiate a settlement in the antitrust lawsuit challenging the planned merger with Warner Bros. Discovery.
Source Diversity
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Paramount CEO may remove operations from California over stalled merger
Paramount's CEO David Ellison warns of a California exit if the US state does not agree to talks, according to reports.
Read full article →David Ellison Threatens to Pull Paramount Out of California Starting Oct. 1 if States Refuse to Negotiate Settlement in Antitrust Suit
David Ellison is eager to reach a swift resolution in the antitrust case filed by 12 states seeking to block the Paramount-Warner Bros. Discovery merger. And he’s prepared start moving Paramount out of California as soon as October unless the state’s attorney general, Rob Bonta, agrees to settlement talks, Variety has confirmed. Ellison told Paramount […]
By Todd Spangler
Read full article →David Ellison Told Top Execs Paramount Will Exit California If AG Refuses To Negotiate Settlement In WBD Merger Suit
Paramount CEO David Ellison told a group of the company’s top executives that he will start the process of exiting California on Oct. 1 if State Attorney General Rob Bonta will not negotiate to settle an antitrust suit around the planned merger with Warner Bros. Discovery. Ellison made the remarks at a meeting last week. […]
By Jillg366
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