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Paramount Skydance and Warner Bros. Discovery merger may face state lawsuit
Multiple state attorneys general are expected to bring legal action over the planned merger, according to CNBC Markets.
CNBC Markets reports that multiple state attorneys general are expected to file a lawsuit to challenge the planned merger between Paramount Skydance and Warner Bros. Discovery.
The expected legal challenge follows the companies' announcement of the merger, with sources cited by CNBC Markets saying the states are preparing to contest it in court.
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