Paramount nears merger settlement, but some key state AGs are not on board yet

Paramount Skydance (PSKY) seeks a $1.88B bond in its $110B Warner Bros. Discovery (WBD) acquisition fight, citing California AG's contradictory statements. A hearing is set for September 24. PSKY aims to recover potential $1.3B in fees if the deal is delayed until April 2027. WBD receives $7M daily fees from PSKY during the delay. The outcome hinges on the court's decision on the bond and the broader antitrust lawsuit.

Paramount Skydance (PSKY) is in advanced talks with state attorneys general to secure approval for its $110B acquisition of Warner Bros. Discovery (WBD). The deal faces regulatory scrutiny, with shares of WBD rising 8.3% after-hours. PSKY has a P/S ratio of 0.74x, below industry median, and a GF Score of 37, indicating weak fundamentals. Institutional investors have trimmed positions, reflecting cautious sentiment.

Paramount Global (PSKY) is in advanced talks with state attorneys general to finalize its $110 billion acquisition of Warner Bros. Discovery (WBD). California AG Rob Bonta is leading settlement discussions, but New York AG Letitia James and others, including Connecticut AG William Tong, have concerns. WBD shares rose 8.3% in after-hours trading on Friday. A settlement may come this weekend, with terms including independent monitoring of CNN.

Paramount and California officials are nearing a settlement to resolve a lawsuit over its $110B acquisition of Warner Bros. Discovery, facing a $7M daily fee if the deal isn't closed by October 1. The settlement may include operating studios separately, theatrical release commitments, and CNN content monitoring. Some states resist the terms, and protests are planned.

Paramount Skydance's $111B acquisition of Warner Bros. Discovery faces opposition over a proposed settlement to antitrust litigation. Critics, including some state attorneys general, argue the deal would give too much control to Paramount's CEO David Ellison. Paramount claims the merger is necessary to compete with tech giants. The deal's fate hinges on negotiations and a potential court hearing.

Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) are negotiating terms to resolve a state antitrust suit blocking their merger. Discussions now focus on monitoring CNN and theatrical release commitments, rather than a sale. The deal, valued at $110B, includes a daily fee of $7M if not closed by Sept. 30. PSKY shares rose 7.6% after-hours on settlement reports, while WBD gained 8.3%.