California hired Milbank to support its lawsuit aiming to block Paramount’s merger with Warner Bros, signaling a tougher antitrust fight with access to senior legal talent. The move increases the risk of delays or unfavorable outcomes for the deal, which could pressure deal certainty and the involved parties’ near-term outlook.
California hired Milbank to support its lawsuit aiming to block Paramount’s merger with Warner Bros, signaling a tougher antitrust fight with access to senior legal talent. The move increases the risk of delays or unfavorable outcomes for the deal, which could pressure deal certainty and the involved parties’ near-term outlook.
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mildly negative
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