Paramount's Bond Request: A Warning Shot Across the Bow of State AGs The proposed $110 billion merger between Paramount and Warner Bros.
Discovery has been a long time coming, with regulatory approvals already in hand from the US Department of Justice and other global jurisdictions.
However, due to a lawsuit filed by state attorneys general, the deal teeters on the brink of collapse. In response, Paramount is seeking $1. 88 billion in bond funding from the states holding up the merger.