Business Insider
US · 16 mins ago
David Ellison's Paramount wants its WBD merger challengers to put up nearly $1.9 billion
Paramount Skydance CEO David Ellison wants California Attorney General Rob Bonta's state and its counterparts to post a bond to cover the merger delay costs.
Angela Weiss/AFP via Getty Images; Mel Melcon / Los Angeles Times via Getty Images
Paramount Skydance wants the states and writers suing to stop its WBD deal to post a nearly $1.9 billion bond.
David Ellison's company will owe about $7 million per day that the deal doesn't close, starting October 1.
An entertainment lawyer said it's "very…
Do you trust Business Insider?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!