After weeks of speculation about Gavin Newsom’s true position on Paramount’s $111 billion acquisition of Warner Bros Discovery and the antitrust suit filed a coalition of state attorneys general, the outgoing governor of California finally weighed in publicly today.
Paramount and California officials are expected to hold talks as a 12-state antitrust lawsuit keeps the $110B Warner Bros. Discovery transaction on hold.
There will be no settlement talks meeting Monday between Paramount and a coalition of state Attorneys General after all. California AG Rob Bonta cancelled the scheduled sit-down late Sunday after reports of an August 21 meeting with the David Ellison-led company oozed out.
California Attorney General Rob Bonta has canceled planned settlement talks with Paramount over the state’s lawsuit seeking to block David Ellison’s proposed $111 billion acquisition of Warner Bros. Discovery, accusing Paramount of acting in bad faith, according to The New York Times.
By Anna Cooban, Brian Stelter, CNN London (CNN) — California’s attorney general has reportedly scrapped talks scheduled for Monday with representatives of Paramount over the company’s planned $110 billion takeover of Warner Bros. Discovery.
California's Democrat Attorney General Rob Bonta abruptly canceled a planned meeting between his office and Paramount Skydance representatives to discuss a settlement of the state’s lawsuit seeking to block David Ellison‘s proposed $111 billion acquisition of Warner Bros. Discovery.
Attorney General Rob Bonta on Sunday canceled mediation talks with Paramount Skydance over its proposed merger with Warner Bros. Discovery, throwing another twist into a monthslong battle over the future of two of Hollywood’s biggest studios.
"Not only did Paramount leak the alleged substance of settlement discussions, but they misrepresented these discussions, demonstrating a lack of good faith," says Rob Bonta.
California Attorney General called off a planned meeting on Monday after alleging Paramount leaked details of previous discussions. Paramount Skydance stock fell about 2%, while Warner Bros. Discovery rose 1%.
David Ellison’s Paramount Skydance released a statement Monday after California attorney general Rob Bonta abruptly canceled the two sides’ planned meeting, alleging Paramount had leaked confidential discussions about the Warner Bros. Discovery case.
By Anna Cooban, Brian Stelter, CNN (CNN) — California Attorney General Rob Bonta has canceled a meeting that was scheduled for Monday over Paramount’s planned $110 billion takeover of Warner Bros. Discovery, CNN’s parent company.
David Ellison’s Paramount is publicly denying that it leaked details of upcoming talks with Rob Bonta’s office on its Warner Bros. Discovery deal after the California attorney general canceled a scheduled Monday meeting, accusing the company of “playing games.
David Ellison’s Paramount is publicly denying that it leaked details of upcoming talks with Rob Bonta’s office on its Warner Bros. Discovery deal after the Attorney General canceled a scheduled Monday meeting, accusing the company of “playing games.
David Ellison’s Paramount is publicly denying that it leaked details of upcoming talks with Rob Bonta’s office on its Warner Bros. Discovery deal after the Attorney General canceled a scheduled Monday meeting, accusing the company of “playing games.
Officials at Paramount and California Attorney General Rob Bonta's (D) office canceled a meeting set for Monday as tensions hold between the two sides over a planned mega-merger the media conglomerate is pursing with Warner Bros. Discovery (WBD).
California Attorney General Rob Bonta canceled a meeting with Paramount Skydance representatives scheduled for today to begin settlement talks over the state’s lawsuit seeking to block Paramount’s proposed $110 billion acquisition of Warner Bros Discovery, his office said.
California Attorney General Rob Bonta (D) said on Monday that he would be willing to negotiate with Paramount in its acquisition of Warner Bros. Discovery if "purported leaks" were to stop.
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