Paramount Aims to Complete WBD Merger by End of September Despite Legal Challenge

Despite facing a lawsuit from state attorneys general led by California's Rob Bonta over antitrust concerns, Paramount remains committed to closing its acquisition of Warner Bros. Discovery (WBD) by late September. The company is awaiting regulatory approval in the European Union and has set July 22 as a provisional deadline for clearance.

By Lillian Rizzo · CNBC ·

Paramount Aims to Complete WBD Merger by End of September Despite Legal Challenge

Tickers: $WBD

Topics: antitrust legal_challenge media_acquisition merger

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