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Twelve state AGs work to stop major media merger, Charles Gasparino notes

Twelve state AGs work to stop major media merger, Charles Gasparino notes
State AGs target Paramount Skydance merger

Charles Gasparino, senior correspondent at Fox Business, reports that twelve state attorneys general are seeking to prevent the Paramount Skydance–Warner Bros. Discovery merger.

The proposed deal received approval from the EU earlier in the day, leading to commentary on California's position on corporate consolidation compared to Brussels.

Earlier, Charles Gasparino reported that European Union regulators were expected to deliver a ruling on the $80 billion Warner Bros. Discovery acquisition as Paramount sought approval. The European Commission's decision came ahead of the attorneys general announcement in the U.S. Gasparino has previously covered challenges facing other major media deals, including the Comcast-Charter transaction.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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