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Paramount presses for merger-delay bonds against 12 attorneys general and the WGA

Paramount filed replies supporting its bond request and says approvals in 69 territories leave the lawsuits as the final obstacle. It claims delay could cost up to $1.88 billion, including $7 million per day beginning October 1. Those figures are Paramount's assertions, not court findings; the judge has not granted a bond or ruled on the merger, and a hearing is scheduled for September 24.

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Twelve state attorneys general and the WGA oppose Paramount's proposed $1.9 billion merger bond

Twelve state attorneys general and the Writers Guild of America filed opposition August 31, asking the court to deny Paramount's $1.9 billion request or set a nominal $10,000 bond. They argue no material change justifies revising the parties' stipulation and that the case serves public interests. Paramount disputes that view. A September 24 hearing is scheduled, and the judge has not ruled on the bond or the merger's lawfulness.

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