- Paramount acknowledged it is considering a wide range of options to settle lawsuits challenging its $110 billion acquisition of Warner Bros. Discovery.
- The delayed Paramount Skydance transaction has left WBD in limbo after California-led antitrust litigation and stalled preliminary settlement discussions.
- Bankers are examining New Line Cinema and WBD cable networks as potential divestitures if the Paramount-Skydance deal remains blocked by legal hurdles.
Quotes
“This is as good a deal as Warner Bros. Discovery's going to get, and they are going to have a difficult time totally walking away here with no more than a breakup fee.”