Acquisition War

Paramount Skydance's plan to acquire Warner Bros. Discovery has hit yet another snag, as a judge has issued a two-week pause on its planned acquisition. After a coalition of 12 state attorneys--led by California Attorney General Rob Bonta--argued that the merger would violate federal antitrust law and potentially lead to higher film and TV prices, Judge Araceli Martinez-Olguin placed a temporary pause on the merger. The order could be extended from 14 to 28 days, and Paramount Skydance was originally expecting to close the deal on July 22 (via Variety). "Plaintiff States' showing at least demo

After over a year of tense debate, Electronic Arts has reported it's achieved "all regulatory approvals" for the proposed $55bn private acquisition of the company. Read more