Decision On Paramount’s $1.88B WBD Merger Bond Pushed Close To Ticking Fee Start Date; L.A. County Report Again Predicts Big Job Losses If Deal Goes Through

The results of a court hearing today in Oakland may be a little to close for comfort for Paramount and David Ellison. Additionally, the findings of a report submitted to the L.A. County Board of Supervisors may prove very scary in terms of potential job losses and more if the $111 billion merger with Warner…

The county's own report projects that $1.26 billion in lost wages by workers is at stake as part of the overall hit.

The company says every month of court-ordered delay costs it roughly $7 million a day in ticking fees owed to Warner Bros. Discovery shareholders

Paramount seeks $1.88 billion bond from state AGs over merger lawsuit  Reuters

The California attorney general’s office fired back against Paramount’s request for a $1.88 billion bond on Monday, saying the company is seeking a “do-over” on its agreement to delay the Warner Bros. merger until an antitrust trial next March. In a statement, the A.G.’s office argued that Paramount is a “sophisticated

Paramount wants a $1.9 billion bond from state AGs fighting the Warner Bros. merger  CNN

Paramount Skydance asked a federal judge on Monday to require California, 11 other states, and the Writers Guild of America to post a $1.88 billion bond that would cover the company’s financial losses from its blocked merger with Warner Bros. Discovery. In the newly filed court motion, Paramount argued the plaintiffs s

Paramount Wants $1.88 Billion Bond From States, Writers Challenging Warner Deal  WSJ

Paramount agreed to delay its proposed acquisition of WBD to as late as June 2027 while the state AGs' case heads to trial.