Quartz·1 min read·medium
Paramount is demanding states post a $1.88 billion bond over its stalled Warner Bros. merger
✦AI Summary
Paramount is requesting that states post a $1.88 billion bond related to its stalled merger with Warner Bros. Discovery. The company cites daily 'ticking fees' of $7 million as the primary reason for the financial urgency.
The company says every month of court-ordered delay costs it roughly $7 million a day in ticking fees owed to Warner Bros. Discovery shareholders
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