Paramount-Warner Bros. Merger: Supreme Court Asks for State AG Response to Iowa, Montana Objection by Sept. 25
Brenna Bird and Austin Knudsen previously asked the court to block the "politicized" lawsuit against the pending $110 billion deal The post Paramount-Warner Bros. Merger: Supreme Court Asks for State AG Response to Iowa, Montana Objection by Sept. 25 appeared first on TheWrap .
The Supreme Court has granted a deadline of September 25, 2026, for state attorneys general to respond to objections from Iowa and Montana regarding their lawsuit against the Paramount-Warner Bros. Discovery merger. The decision follows Republican Attorneys General Brenna Bird and Austin Knudsen's motion to block the states' "politicized" antitrust lawsuit against the $110 billion deal.
Bird and Knudsen argue that the litigation deprives the economies of Iowa and Montana of the benefits of the merger, harms thousands of employees, and harms hundreds of millions of viewers. Paramount CEO David Ellison faces a $650 million per quarter penalty if the deal does not close and a $7 billion termination fee if it fails due to regulatory issues. The merger is expected to close by June 4, 2027, with a trial beginning in March 2027.
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