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David Ellison Addresses Paramount-Warner Bros. Merger Delay Amid State AGs’ Lawsuit in Staff Memo: ‘The Facts and the Law Are on Our Side’

David Ellison Addresses Paramount-Warner Bros. Merger Delay Amid State AGs’ Lawsuit in Staff Memo: ‘The Facts and the Law Are on Our Side’

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Paramount CEO David Ellison, in a companywide memo, sought to project confidence that his $111 billion takeover of Warner Bros. Discovery will — eventually — cross the finish line. On Friday, Paramount disclosed an agreement to put the WBD deal on hold for at least several months, as it seeks to defends itself in an […

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Paramount CEO David Ellison, in a companywide memo, sought to project confidence that his $111 billion takeover of Warner Bros. Discovery will — eventually — cross the finish line.

On Friday, Paramount disclosed an agreement to put the WBD deal on hold for at least several months, as it seeks to defends itself in an […]

This summary comes from Variety. Read the full article at the original source.

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