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California A.G. rejects Paramount's $1.88 billion bond request in Warner Bros. merger case
California's attorney general's office on Monday rejected Paramount's request for a $1.88 billion bond, accusing the company of seeking a "do-over" on its agreement to delay the Warner Bros. merger until an antitrust trial in March. The office argued that Paramount, as a "sophisticated" company, knowingly accepted the terms of its earlier agreement. The dispute centres on the conditions surrounding the pending merger between the two media giants.
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