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12 States File Suit to Block Paramount Skydance Acquisition of Warner Bros. Discovery

California and 11 other states filed a lawsuit Monday in an effort to block the pending takeover of Warner Bros. Discovery by Paramount Skydance, claiming the merger would led to higher prices for consumers and a reduction in entertainment content — allegations Paramount vehemently denied. The lawsuit, filed in federal court in Northern California, contends […]

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