Key facts
- California Attorney General Rob Bonta opposes Paramount Skydance's request for a $1.88 billion bond.
- The bond was intended to address the cost of delay in completing the acquisition of Warner Bros Discovery.
- Bonta argued that any damages incurred are self-imposed by the parties involved.
California Attorney General Rob Bonta has stated his opposition to Paramount Skydance's request for a $1.88 billion bond. The bond was sought to cover costs associated with delays in completing the acquisition of Warner Bros Discovery. In a court filing, Bonta argued that any damages resulting from these delays are self-imposed by the parties involved in the transaction.