California AG says Warner Bros.-Paramount merger still under investigation despite DOJ approval
By
Daniel Arkin
Summary
California Attorney General Rob Bonta announced that the Warner Bros. Discovery and Paramount Skydance merger remains under state investigation, despite the Justice Department approving the $110 billion deal. The state-level scrutiny poses a potential obstacle to finalizing the Hollywood megamerger, which Paramount has vowed to complete as soon as possible.
Source
bskyCalifornia AG says Warner Bros.-Paramount merger still under investigation despite DOJ approvalnbcnews.toKey quotes
· 2 pulledThe merger of Warner Bros and Paramount is not a done deal and remains under investigation by my office
Paramount swiftly vowed to finalize the merger 'as soon as possible'
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