06 Jun US States Preparing Lawsuit To Block Paramount’s Acquisition Of Warner Bros, Sources Say [Reuters $]
By Jody Godoy
June 5, 2026| California, New York and other U.S. states are preparing a lawsuit to block Paramount Skydance’s (PSKY.O), opens new tab $110 billion acquisition of Warner Bros (WBD.O), opens new tab, sources familiar with the matter told Reuters on Friday.
The lawsuit is expected to be filed in the coming weeks, the sources said. It was not immediately clear which other states would join the lawsuit, which would mark the boldest move yet by the states in their effort to be at the forefront of U.S. antitrust enforcement.
California Attorney General Rob Bonta on Thursday criticised what he called President Donald Trump’s “abdication” of federal antitrust agencies with more resources than the state governments. Bonta, a Democrat, has led the charge among states concerned about the deal, promising a probe soon after Paramount announced it would acquire Warner Bros, after beating a bid by streaming giant Netflix.
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