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Paramount Faces Drawn-Out Battle With State AGs: ‘They Saw the Writing on the Wall’

Paramount Faces Drawn-Out Battle With State AGs: ‘They Saw the Writing on the Wall’

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Only a few days ago, the states’ antitrust challenge to the Paramount-Warner Bros. merger still looked like a speed bump. Now, it looks more like siege warfare — as Paramount has agreed to put the $111 million deal on hold for at least several months. In doing so, Paramount’s lawyers have effectively conceded that they

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Only a few days ago, the states’ antitrust challenge to the Paramount-Warner Bros. merger still looked like a speed bump. Now, it looks more like siege warfare — as Paramount has agreed to put the $111 million deal on hold for at least several months.

In doing so, Paramount’s lawyers have effectively conceded that they […]

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

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