Paramount Defends Warner Bros. Merger Against State AG Lawsuit
Paramount has strongly criticized a lawsuit filed by state attorneys general challenging its merger with Warner Bros., calling it "one of the weakest merger challenges in modern antitrust history." The company is preparing to fight multiple lawsuits ahead of a Temporary Restraining Order hearing.
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Paramount Slams States’ Lawsuit Over Warner Bros. Merger as ‘One of the Weakest’ in Modern History
Paramount Skydance began to lay out its legal argument Thursday against an antitrust lawsuit brought by a dozen states, calling it “one of the weakest merger challenges in modern antitrust history.” Paramount’s lawyers filed an opposition to the states’ motion for a temporary restraining order, which would pause the $111 billion merger with Warner Bros. […]
By Gmaddaus
Read full article →How Paramount May Fight an Onslaught of Lawsuits Over Its Warner Bros. Deal
Team Ellison could choose to fan political divisions (a risky move), it could cut a deal with the state AGs or even renegotiate the terms of its $111 billion acquisition.
By Winston Cho
Read full article →Paramount Slams State AGs’ Suit As “One Of The Weakest Merger Challenges In Modern Antitrust History” Ahead Of TRO Hearing
With a judge in Oakland County set to hear arguments for and against a temporary restraining order on Paramount’s planned merger with Warner Bros. Discovery, the David Ellison-led company said State AG’s motion for a temporary restraining “presents one of the weakest merger challenges in modern antitrust history.” “Plaintiffs seek to take the extraordinary step […]
By Jillg366
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