#Exclusive: A “hold separate” plan could be the key to breaking the standoff between Paramount Skydance and California AGRobBonta over the proposed $110 billion Warner Bros. Discovery merger.
TheWrap has learned the maneuver could allow the merger to move forward while keeping the two companies separate through potential antitrust litigation, avoiding the ticking fee that begins Oct. 1.
Read the full #WaxWord at the link in bio.