Paramount demands $1.9 billion from states, including WA
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In a statement Friday, David Ellison says that they are offering "commitments and concessions" to try and get the deal over the line.
The odds are higher than they were before 12 states sued to block the merger, but lower than after Paramount delayed the acquisition in late July.
David Ellison’s Paramount Skydance asked the judge overseeing the antitrust lawsuits filed by 12 states and the WGA to force the plaintiffs to pony up a whopping $1.88 billion bond to cover the company’s losses related to the delay in its merger with Warner Bros.
David Ellison threatens to move Paramount out of California if AG Rob Bonta doesn't negotiate to settle his antitrust lawsuit against the Warner Bros. merger.
The CEO's call comes as the $110 billion deal has satisfied all other regulatory conditions across 68 countries