Source: CNBC
“Paramount Skydance will seek to force the states holding up its merger with Warner Bros. Discovery to pay for the fees and costs associated with the delay, according to a new filing in the antitrust case Monday. Paramount is requesting a $1.88 billion bond that would be paid by the states behind the lawsuit. In July, a dozen state attorneys general led by California’s Rob Bonta filed to challenge the proposed $110 billion merger between Paramount and WBD. … ‘By the time trial concludes and the parties submit their final briefs, Paramount will have paid Warner Bros. shareholders an unrecoverable $1.3 billion in ticking fees alone,’ Paramount said in the filing. ‘Delay also threatens to nullify the regulatory approvals that Defendants have already spent months securing. … That is precisely why federal law requires plaintiffs to provide security as a condition for receiving preliminary relief such as the court-approved order,’ the filing says.” (08/17/26)
https://www.cnbc.com/2026/08/17/paramount-bond-merger-delay-costs.html