Paramount Skydance (PSKY, Financials), the media company behind Paramount Pictures, CBS and its streaming operations, is facing a new legal threat to its planned $110 billion purchase of Warner Bros. Discovery.California and 11 other states sued Monday to block the deal, arguing that combining the…
Paramount Skydance Corp.'s (PSKY) proposed $110 billion acquisition of Warner Bros. Discovery Inc. (WBD) has hit a fresh legal hurdle after California and 11 other states filed a lawsuit seeking to block the deal on antitrust grounds.The lawsuit, filed in the U.S. District Court for the Northern Di…
Arete Research analysts have raised concerns about Paramount Skydance Corp. NASDAQ:PSKY, the parent company of CBS and other media businesses, as it prepares to acquire Warner Bros. Discovery Inc. NASDAQ:WBD, a major media company, for $110 billion. The transaction, announced in late February and e…
