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Paramount Skydance (PSKY) plans to isolate California AG Bonta politically to help secure approval for its Warner Bros. Discovery (WBD) merger, NYP reports.

StockNow breaking-news AI analysis

Paramount Skydance seeks to politically isolate California AG Bonta amid impending delay fees, while relocation threats increase pressure on local officials to support a settlement.

News detail

A person close to Paramount said California Democrats favour a settlement, fear David Ellison could leave the state and view Bonta’s antitrust case as weak, while Los Angeles’ mayor may assist.

2 stocks
PSKYParamount Skydance Corporation Class B Common Stock$10.70Current priceWBDWarner Bros. Discovery, Inc. Series A Common Stock$28.19Current price

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