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Warner Bros., Paramount Shares Fall On Report Of Lawsuit To Block Merger

  • TIKR, Monday, June 8, 2026 12 AM
Warner Bros. Discovery stock fell by 3% on Friday following a Reuters report that several U.S. states plan to file a lawsuit to block the $110 billion acquisition of the firm by Paramount Skydance, TIKR reports. And Paramount shares fell by 4.3%. California Attorney General Rob Bonta is pushing the idea of suing based on what he alleges is the Trump administration’s “abdication” of federal antitrust enforcement, and filing of the suit is expected in the coming weeks.

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