Paramount Asks Judge to Order States to Post $1.9 Billion Bond for Trial Delay

Paramount Skydance petitioned the court on Aug. 17 to order states to post a $1.88 billion bond to cover costs from potential merger delays caused by their lawsuit seeking to block the merger with Warner Bros.
The motion also asked the judge to consider abandoning her order to stop the merger if the plaintiffs, which include 12 states and labor union Writers Guild of America West, can’t post the bond by Sept. 30.
Paramount’s deal to buy Warner Bros. includes paying fees if the $111 billion merger isn’t closed by the end of September. But the trial for the antitrust lawsuit, led by California Attorney General Rob Bonta, is not scheduled until March 2….