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PARAMOUNT-WARNER DEAL IN TROUBLE Four AGs Resist Ellison Settlement as $7M Daily Clock Ticks

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Paramount’s proposed $110 billion-plus acquisition of Warner Bros. Discovery is facing a critical new test as settlement negotiations collide with resistance from several state attorneys general. While Paramount CEO David Ellison and California Attorney General Rob Bonta have reportedly made progress toward a potential agreement, New York, Connecticut, Minnesota and Washington officials have expressed reservations about the terms currently under discussion.

The dispute centers on one of Hollywood’s biggest potential media mergers, involving major assets including Paramount…

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