(The Center Square) – A hearing has been scheduled for Sept. 24 involving a bond request from Paramount Skydance amid its legal battles over a proposed merger with Warner Bros. Discovery that could put state governments on the hook for nearly $2 billion.
California Attorney General Rob Bonta is leading 12 states suing to block the acquisition of Warner Bros. Discovery by Paramount Skydance. Speaking at a July press conference announcing the lawsuit, Bonta said the merger would extinguish competition.
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