Mexico Clears Paramount-Warner Merger as U.S. States Hold the Line
TL;DR Summary
Mexico approved Paramount’s merger with Warner Bros., bringing regulatory clearance to 68 countries, but 12 U.S. state attorneys general remain the last barrier. A March trial is scheduled after prior delays, and Paramount faces a $7 million-a-day ticking fee until closing. The company says it’s open to concessions to settle, while California officials push for structural remedies and have warned of possible relocation if no deal by Oct. 1.
- Paramount-Warner Bros. Merger Gets Mexico’s Approval, Leaving States’ Lawsuit as the Only Barrier Left variety.com
- If Paramount Leaves California, It Might Cut Costs but Wouldn’t Save on State Taxes variety.com
- Paramount-WBD Merger: David Ellison Complains About Cost Of States' Antitrust Suit Deadline
- Paramount Says It Has Secured All Global Clearances to Close WBD Deal … Except for That Pesky Lawsuit The Hollywood Reporter
- Paramount and Warner Bros. Stocks Are Rallying. What That Says About the Takeover. Barron's
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