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California opposes Paramount request for $1.88 billion bond
Source: reuters.com
Legal & LitigationM&A & RestructuringRegulation & Legislation
California AG Rob Bonta opposed Paramount Skydance’s bid for a $1.88 billion bond to cover the “cost of delay” in completing its Warner Bros. Discovery acquisition, arguing any damages are self-imposed. The court filing Monday raises execution/legal risk around deal timing and potential costs, which could pressure near-term outcomes for the parties involved.
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