The Global Stamp of Approval Eludes California's Wrath The David Ellison led Paramount Skydance Corporation (PSKY) has secured regulatory approval in 68 countries for its $110 billion bid to acquire Warner Bros Discovery, Inc.
(WBD). This milestone is a testament to the global appeal and financial muscle of the deal.
However, it's California that continues to pose an obstacle, with state Attorney General Rob Bonta citing a "lack of good faith" in canceling a planned settlement meeting with Ellison.