Paramount representatives are meeting with the California Attorney General to settle an antitrust lawsuit challenging its $111 billion merger with Warner Bros. Discovery. The deal is currently on hold pending a federal trial scheduled for March, initiated by 12 state attorneys general led by California AG Rob Bonta. While Bonta supports a settlement, he has criticized Paramount's proposed structural solutions. This development follows a judge's request for parties to nominate potential magistrate judges for mediation.
Paramount to meet California AG in a bid to settle case over Warner deal: Variety
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