States planning to sue to block Paramounts…
A gaggle of states, including California and New York, are getting ready a lawsuit to block Paramount Skydance’s $110 billion acquisition of Warner Bros., two sources acquainted with the matter told GWN on Friday.
The lawsuit is anticipated to be filed in the approaching weeks, the sources said. The case would mark the boldest transfer yet by the states in their effort to be at the forefront of US antitrust enforcement, as their better-funded counterpart companies in the Trump administration take a more business-friendly view of enforcement.
Analysts have also seen Paramount as…
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