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The proposed $110 billion acquisition of Warner Bros. Discovery by Paramount/Skydance, a deal once touted as a "century acquisition," faced significant resistance just two months ago from thousands of Hollywood creatives, including prominent figures like Ben Stiller and Mark Ruffalo. Today, Reuters further reported that California, New York, and other U.S. states are preparing to file lawsuits to block the acquisition, citing concerns over potential market and industry monopolization.
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Following the Reuters report, Warner Bros. Discovery's stock experienced immediate volatility, dropping 3.6% by Friday afternoon. Paramount/Skydance's shares also saw a decline, falling approximately 6.7%. While this development doesn't guarantee the acquisition will be blocked, a judge's order to temporarily halt the deal pending a final ruling could delay the transaction process by several months. Should the deal not be finalized by October of this year, Paramount/Skydance would be contractually obligated to pay Warner Bros. Discovery shareholders $6.9 million daily.
via： Reuters