Paramount flags CNN sale as path to settle 12-state antitrust suit

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Source: finance.yahoo.com
Paramount flags CNN sale as path to settle 12-state antitrust suit
Photo: finance.yahoo.com
TL;DR

Paramount’s legal chief signaled CNN could be sold to settle a 12-state antitrust suit tied to its $110 billion bid for Warner Bros. Discovery, a move that could unlock the politically charged merger; reports also note talks of an editorial board and safeguards for CNN’s independence, while California’s attorney general remains skeptical and a September 30 deadline could trigger substantial ticking fees if no agreement, potentially pushing the case to trial in 2027.

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