Paramount Requests $1.88B Bond From State AGs Trying to Stop Paramount Merger

Paramount requests $1.88B bond from state AGs trying to stop Paramount merger

(The Center Square) – In response to a lawsuit from 12 Democratic state attorneys general attempting to stop the Paramount Skydance-Warner Bros. Discovery merger, Paramount is requesting a $1.88 billion bond from the coalition of state officials.

Paramount Faces Legal Challenges Amid Entertainment Industry Shake-Ups

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Paramount seeks up to $1.88 billion protection amid Warner Bros. Discovery merger challenge

Paramount Skydance Corporation has filed reply briefs in support of its request for the district court to require the State Attorneys General and the Writers Guild of America to post a bond in connection with their lawsuits seeking to block its proposed merger with Warner Bros. Discovery, Inc. According to the company, all closing conditions under the merger agreement have been satisfied, with regulatory clearances received from authorities repr…