Paramount keeping CNN sale ‘on the table’ in attempt to resolve lawsuit over Warner Bros. deal

1 month ago 8

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Paramount Skydance (PSKY.O), is keeping all options, including a possible sale of CNN, "on the table" to resolve California's antitrust suit challenging ​its $110 billion acquisition of Warner Bros Discovery (WBD.O), the company's ‌chief legal officer said. Speaking at Politico's California Agenda conference on Tuesday, Makan Delrahim also became the first Paramount executive to publicly acknowledge the Los Angeles-based company may ​leave California, after recent media reports cited unnamed sources about a potential ​relocation.
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