Paramount CEO David Ellison Reassures Staff Amid Antitrust Suit, Says He’s “Highly Confident” in WBD Merger Completion
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Paramount CEO David Ellison addressed staff in a memo, asserting confidence that the $111 billion takeover of Warner Bros. Discovery will eventually proceed. The deal is on hold for several months while the company defends itself against an antitrust lawsuit filed by state attorneys general.
Ellison sent the memo as the merger remains paused due to an antitrust suit, telling staffers company business is continuing as usual.
"Let's go!," he wrote. ...
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