To the surprise of no one who knew Paramount Skydance chief David Ellison held all the cards and these 12 fascist Democrat state attorneys general had no legal grounds to stand on, a settlement has been reached between the two parties, which makes it almost certain the merger between Paramount and Warner Bros. Discovery (WBD) will be finalized.
\n\nBest of all, at least for Ellison, it will be finalized before October 1, which is when he would be required to pay a $7 million per day ticking fee to the WBD board.
\n\n“Paramount has reached a deal with 12 state attorneys general that removes a major obstacle to closing its acquisition of Warner Bros. Discovery,” reports the far-left Variety. “The merger was on hold pending the outcome of the states’ antitrust lawsuit, which was set for a trial on March 2, 2027. The $111 billion merger is the largest in Hollywood history.”
\n\nHad Ellison waited until the trial in March, that ticking fee would have added up to about a billion dollars.
\n\nVariety also admits that what we all knew to be true was true…
\n\nThe discussions also focused on editorial oversight of CBS News and CNN, a key concern…
Original source: https://www.breitbart.com/entertainment/
