Paramount, Atty Gen Bonta to discuss merger deal

Paramount Skydance is set to meet with California Attorney General Rob Bonta’s representatives on October 14-15 for settlement talks over a merger involving Warner Bros. Discovery that could be worth $111 billion. The negotiations aim to resolve legal disputes that threaten to block the deal, which would unify major media properties under one company. The U.S. Justice Department has expressed support for the merger, asking the court to require California and other parties to post a $1.88 billion bond if the deal is not finalized by October 1.

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