Paramount seeks $1.88B security from states over WBD merger delay

1 min read
Source: CNBC
Paramount seeks $1.88B security from states over WBD merger delay
Photo: CNBC
TL;DR

Paramount asks a judge to require state attorneys general to post a $1.88 billion bond to cover costs and potential harm from delaying its $110 billion merger with Warner Bros. Discovery, arguing ticking fees and lost integration value justify security as a March trial approaches and regulatory approvals have already been secured.

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