Market Chatter: Paramount Skydance Braces for State AG Antitrust Lawsuits Over Warner Bros. Discovery Deal

MT Newswires Live06-25

Paramount Skydance (PSKY) executives expect California and New York attorneys general to file suit challenging its $81 billion takeover of Warner Bros. Discovery (WBD) on antitrust grounds, the New York Post reported Wednesday, citing a person with knowledge of the matter.

Executives wake up to the expectations every day that a lawsuit is being filed by California AG Rob Bonta, New York AG Tish James, and possibly other state AGs, according to the report.

Paramount Skydance and Warner Bros. Discovery did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 9.74, Change: +0.02, Percent Change: +0.21

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