State attorneys general preparing antitrust lawsuit to block Paramount-Warner Bros. Discovery merger
Several state attorneys general are finalizing a multistate antitrust lawsuit challenging Paramount's pending acquisition of Warner Bros. Discovery (including CNN). The suit is expected to be filed next week, though the date could change. If filed, it could disrupt Paramount's plan to take control of Warner Bros. Discovery later this summer.
Key quotes
Lawyers for several states are finalizing an antitrust lawsuit challenging Paramount's pending acquisition of Warner Bros. Discovery, including CNN, according to people involved in the legal process.
The multistate suit will likely be filed next week, the sources told CNN, though the filing date is subject to change.
If the suit is filed, it could disrupt Paramount's plan to take control of Warner later this summer.
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