California AG Rejects Paramount's Bond Request Amid Warner Bros. Merger Lawsuit

Paramount Skydance filed a motion asking a court to require California, eleven other states and the Writers Guild of America to post a bond tied to its pending acquisition of Warner Bros. Discovery. California Attorney General Rob Bonta denied the request, noting that Paramount entered the deal aware of the fee structure and voluntarily agreed to a delayed closing. The antitrust case brought by the states and the guild remains unresolved, with a trial set for early March. The dispute focuses on whether the plaintiffs should provide financial security while the merger is on hold.