California AG Halts Paramount Settlement Talks Over Warner Bros. Discovery Deal
California's Attorney General has canceled settlement talks with Paramount regarding its proposed $111 billion merger with Warner Bros. Discovery, accusing the company of 'playing games.' The AG stated he would only resume meetings when Paramount demonstrates a serious commitment to negotiations.
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California Cancels Talks With Paramount Over Warner Bros. Merger
Rob Bonta, California’s attorney general, accused Paramount of leaking and misrepresenting earlier settlement discussions. He is leading a group of 12 states that have sued to block the $111 billion deal.
By Laurel Rosenhall
Read full article →California Attorney General Cancels Paramount Settlement Talks Over $111 Billion Warner Bros. Discovery Deal, Says He’ll Meet When They ‘Stop Playing Games’
California Attorney General Rob Bonta has canceled planned settlement talks with Paramount over the state’s lawsuit seeking to block David Ellison’s proposed $111 billion acquisition of Warner Bros. Discovery, accusing Paramount of acting in bad faith, according to The New York Times. Bonta is leading a coalition of 12 states in challenging the proposed merger and asking […]
By Elskes
Read full article →Bonta Cancels Paramount Settlement Meeting; CA AG Accuses Ellison Of “Playing Games” In WBD Merger Talks
There will be no settlement talks meeting Monday between Paramount and a coalition of state Attorneys General after all. California AG Rob Bonta cancelled the scheduled sit-down late Sunday after reports of an August 21 meeting with the David Ellison-led company oozed out. “Not only did Paramount leak the alleged substance of settlement discussions, but […]
By Dominic Patten
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