The Chonkerton

David Ellison’s $111 Billion Paramount-Warner Bros. Merger Greenlit by Justice Dept

business

The Justice Department has greenlit David Ellison's $111 billion merger of Paramount and Warner Bros. But according to The Hollywood Reporter, state attorneys general led by California are preparing a lawsuit to block it. It's a classic regulatory standoff: federal approval moving forward while state-level legal challenges loom over one of entertainment's largest recent consolidations.

Source: https://www.hollywoodreporter.com/business/business-news/...

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton