Paramount Skydance faces lawsuit as 12 state attorneys general seek to block Warner Bros. Discovery acquisition
New Delhi, July 13 -- The Paramount Skydance Warner Brothers merger has been hit with lawsuit from 12 different states. According to a CNBC report, California Attorney General Rob Bonta is leading the group of 12.
A group of 12 state attorneys general filed a lawsuit on Monday (13 July) challenging Paramount Skydance's proposed acquisition of Warner Bros. Discovery
The legal action comes just weeks after federal regulators concluded that the merger was unlikely to harm competition, setting up a fresh battle over one of the entertainment industry's biggest consolidation efforts.
According to CNBC, the lawsuit was filed on Monday by a coalition of 12 state attorneys general, with California Attorney General Rob Bonta leading the challeng...
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