A stipulation with 12 states and the Writers Guild, and $650 million a quarter from October; the U.S. argues a 27% share and an HHI of 2,074 while Korean ownership review has no competition criterion
Paramount Skydance has agreed to hold off completing its $111 billion acquisition of Warner Bros. Discovery (WBD) until an antitrust trial is decided, under a stipulation with 12 state attorneys general and the Writers Guild of America. The company will absorb roughly $650 million a quarter in delay costs from October in exchange for skipping the preliminary stage and pulling a merits ruling forward.
