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Settlement talks fracture as Paramount merger faces critical week

Paramount demands $1.88 billion bond from opposing states and WGA

2 Sep 21 2:00 PM · 5d ago · 1 article · 1 source · development 2 of 2

Paramount's lawyers are scheduled to ask U.S. District Judge Araceli Martínez-Olguín to require the 12 states and Writers Guild of America to post a $1.88 billion bond covering delay-related deal costs, should Paramount eventually prevail. The bond demand is designed to create internal pressure within the state coalition.

David Ellison Paramount Chief ExecutiveRob BontaRob Bonta California Attorney GeneralLetitia JamesLetitia James New York Attorney GeneralWilliam Tong Connecticut Attorney General

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2Paramount demands $1.88 billion bond from…
Sep 21Sep 22Sep 23Sep 24yesterdaynow · 2:30 PM ET

What was reported 1 claim about this development

  1. 1 outlet Opposition grows to Paramount-Warner Bros. merger settlement as deal enters critical week

    first by LA Times, 5d ago

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