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Paramount Faces Drawn-Out Battle With State AGs: ‘They Saw the Writing on the Wall’

World 1 source 1 country 🔦 Under-reported 45m ago

Only a few days ago, the states’ antitrust challenge to the Paramount-Warner Bros. merger still looked like a speed bump. Now, it looks more like siege warfare — as Paramount has agreed to put the $111 million deal on hold for at least several months.

In doing so, Paramount’s lawyers have effectively conceded that they […]

Summary from source
Read the full story at the source Variety · US
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