Paramount Wants States, Writers Challenging Warner Deal to Post $1.88 Billion Bond - WSJ

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

The David Ellison-led company says that the state AG plaintiffs are required to post the bond "so that if they lose, the injured party has a source of recovery for the damage caused."

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

David Ellison’s Paramount Skydance asked the judge overseeing the antitrust lawsuits filed by 12 states and the WGA to force the plaintiffs to pony up a whopping $1.88 billion bond to cover the company’s losses related to the delay in its merger with Warner Bros. Discovery. Paramount filed the motion Monday with Judge

Paramount finally is getting serious in its standoff with blue state attorneys general and the Writers Guild of America over the antitrust action aimed at shattering David Ellison’s $111 billion deal to meld Warner Bros Discovery with the home of The Godfather. In the deepest sense of an offer they can’t refuse, make t

The Accra High Court has adjourned the trial of former National Signals Bureau (NSB) Director-General Kwabena Adu-Boahene and his wife, Angela Adjei-Boateng, to August 25, pending the determination of an injunction application before the Supreme Court. The application, which seeks to restrain the High Court from heari