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Paramount aims to close WBD merger by late September despite AG lawsuit

CNBC says Paramount continues to target a merger close by the end of September even as state attorneys general have challenged the deal in court.

Reported · Written up by our desk · North America

Paramount remains on track to close its acquisition of Warner Bros. Discovery by late September, even as a lawsuit brought by state attorneys general seeks to block the combination, CNBC reports.

The challenge centers on efforts by state officials to contest the proposed merger, but Paramount indicated it is continuing planning toward the late-September closing timeline.

With the merger still facing legal scrutiny, the company is moving forward on its schedule for completing the transaction.

CNBC reports that Paramount continues to treat a late-September close as the target despite the lawsuit challenge.

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