California Cancels Talks With Paramount Over Warner Bros. Merger

California Attorney General Rob Bonta said Paramount leaked and misrepresented earlier settlement discussions, according to a statement from his office. Bonta leads a coalition of 12 states that filed a lawsuit to block the merger between Paramount and Warner Bros., which is valued at $111 billion. The state did not provide additional details about the alleged leaks or misrepresentations.

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