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The Economic Times
The Economic Times

US states could sue next week to block Paramount-Warner Bros deal, sources say

Paramount Warner Bros Warner United States Discovery David Ellison Larry Ellison Rob Bonta California Hollywood

U.S. states concerned that Paramount's $110 billion acquisition of Warner Bros. Discovery will hurt competition could sue to block the deal as soon as next week, two sources familiar with the matter told Reuters.

California Attorney General Rob Bonta has taken the lead in investigating whether the deal violates U.S. laws against mergers that would unlawfully harm competition.

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