Several U.S. states plan to file a lawsuit to block Paramount (PSKY.US) from acquiring Warner (WBD.US).

Chinatong Financial APP has learned from informed sources that California, New York, and several other states in the United States are preparing to file lawsuits to block the $110 billion acquisition deal of Warner Bros. Discovery (WBD.US) by Paramount Sky (PSKY.US). As a result of this news, Paramount Sky fell by 4.31% on Friday, while Warner Bros. Discovery fell by 2.81%.