00:00It's Benzinga bringing Wall Street to Main Street.
00:02Paramount Skydance is seeking a $1.88 billion bond from the states challenging its proposed
00:09$110 billion merger with Warner Brothers Discovery, according to CNBC.
00:15A dozen state attorneys generals sued in July to block the merger on antitrust grounds.
00:20Paramount has received required federal and global regulatory approvals,
00:24but agreed to delay closing until as late as June 2027 while the case goes to trial.
00:30The company said the delay could trigger up to $650 million in payments to WBD shareholders
00:36each quarter beginning September 30.
00:38For all things money, visit Benzinga.com.
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