Paramount CEO David Ellison says he is “absolutely open” to settling an antitrust lawsuit against the company’s pending merger with Warner Bros Discovery but is also glad to proceed to a trial.
Speaking for many during the company’s second-quarter earnings call, one Wall Street analyst asked what will happen if the pending $110 billion deal with Warner Bros Discovery doesn’t close due to the suit. A group of 12 state attorneys general and the Writers Guild of America sued last month, and a federal judge just prior to the earnings call set a trial date
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