Paramount Seeks Bond Over Merger Delay
MT newswire2026/09/09 08:34Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
04:34 AM EDT, 09/09/2026 (MT Newswires) -- Paramount Skydance (PSKY) said Wednesday it asked a district court to require state attorneys general and the Writers Guild of America to post a bond covering potential losses if their lawsuits blocking its merger with Warner Bros. Discovery (WBD) fail. The company said it expects the delay could cost as much as $1.88 billion in ticking fees and additional financing costs, adding that the plaintiffs have not disputed its estimate of the potential losses. Paramount said it has met all other closing conditions and received regulatory clearance in 69 jurisdictions, leaving the lawsuits as the only remaining obstacle to the deal. The company said it agreed to delay closing to allow for a prompt trial but did not waive its right to seek bond protection. It added that the Clayton Act and court rules require plaintiffs to cover financial losses if the injunction is ultimately found to be unwarranted.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Hensoldt wins EUR 15 million Bundeswehr Optarion development contract
Reuters•2026/09/09 08:47
Substantial Buybacks Announcement Could Offer Temporary Relief to Long-End Treasurys -- Market Talk
Dow Jones•2026/09/09 08:46
e.l.f. Beauty's Naturium Expands Sephora Presence in Canada, Mexico
MT newswire•2026/09/09 08:46
Crypto prices
MoreBitcoin
BTC
$79,660.76
+1.66%
Ethereum
ETH
$2,520.65
+1.76%
Tether USDt
USDT
$1.0000
+0.03%
BNB
BNB
$755.53
-0.31%
XRP
XRP
$1.44
+3.37%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$104.8
+1.76%
TRON
TRX
$0.3394
+0.36%
Hyperliquid
HYPE
$86.57
+2.82%
Zcash
ZEC
$1,243.31
+9.87%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now