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States vs Paramount's Mega Merger | Spokane News
Paramount’s blockbuster merger with Warner Bros. Discovery is hitting a major legal snag as states, led by California, fiercely oppose the deal, warning it could create an unchecked media giant that hikes prices. Paramount’s retaliating by demanding a $2 billion bond from the states to cover potential losses if the delay drags on — and they’re already facing over $1 billion in “ticking fees” if the merger doesn’t close by September 30. With Justice Department approval expiring next month, the clock is ticking. The states aren’t biting — pointing out Paramount signed up for these costs…
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