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California AG Rob Bonta talks tough on Paramount, but says he's ‘open' to settlement talks if they're ‘sincere'

Source: nypost.com

M&A & RestructuringLegal & LitigationRegulation & Legislation
California AG Rob Bonta talks tough on Paramount, but says he's ‘open' to settlement talks if they're ‘sincere'

California Attorney General Rob Bonta said his office has been prevailing in its legal challenge to Paramount's proposed merger with Warner Bros. Discovery. Bonta remains open to a settlement if Paramount negotiates in good faith, leaving the transaction subject to continued regulatory and legal uncertainty.

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