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Paramount, WBD hit with lawsuit from 12 states, including California, to block merger
A group of 12 state attorneys general filed a lawsuit Monday challenging Paramount Skydance's proposed acquisition of Warner Bros. Discovery .
Summary
A group of 12 state attorneys general filed a lawsuit Monday challenging Paramount Skydance's proposed acquisition of Warner Bros. Discovery . The lawsuit, which came after weeks of speculation on if and when it would be filed, seeks to block the merger on antitrust concerns. CNBC's David Faber reported earlier in the day that the lawsuit was expected to come on Monday.
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