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Paramount, WBD merger: high-stakes meeting with California Attorney General

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PSKY
PSKY Paramount Skydance Corp
$10.35 +0.58%
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  1. 1Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) Ellison–Bonta meeting on $110 billion merger scheduled for Monday
  2. 2Bonta demands legal binding conditions for cable network divestiture and independent operation of film studios; Paramount proposes only 30 theatrical releases per year and refuses asset sales
  3. 3Despite approvals from 68 jurisdictions, lawsuits from 12 states remain an obstacle; further delays could push shareholder payouts above $1.6 billion

This 3-line summary is compiled from the report below.

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