Channel NewsAsia
Channel NewsAsia
AsiaPac · 20 mins ago

California AG says no settlement talks scheduled with Paramount

LOS ANGELES Aug 25 : California Attorney General Rob Bonta said on Tuesday there are no settlement talks scheduled with Paramount Skydance to resolve the antitrust suit seeking to block the studio's proposed $110 billion acquisition of Warner Bros Discovery.Bonta said he canceled a scheduled Monday meeting after details of confidential settlement discussions leaked to the press, which he said was "unacceptable.""If they are willing to clean things up .... and engage in a way that is sincere and in good faith, we will be where we always will be with any party in any case that we're involved in, which is happy to meet," Bonta said at a press conference on public safety issues.Paramount ‌has pushed for a settlement in the case, which is the last hurdle to the deal along with a parallel lawsui
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