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California Governor Newsom has expressed concerns regarding the state’s antitrust lawsuit to block Paramount’s (PSKY) acquisition of Warner Bros. Discovery (WBD), citing potential negative impacts on state employment, reports WSJ citing sources
StockNow breaking-news AI analysis
Governor Newsom's reported concerns over employment risks from the Paramount-WBD merger lawsuit create potential political friction as the company aims for a Q3 2026 closing despite state-led antitrust challenges.
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