Los Angeles – September 12, 2026 -- Paramount Skydance Corporation (NASDAQ: PSKY) filed reply briefs pressing a district court to enforce a bond requirement against State Attorneys General and the Writers Guild of America (WGA), the two plaintiffs blocking its merger with Warner Bros. Discovery (NASDAQ: WBD). The company says it has cleared regulatory approval in 69 jurisdictions and satisfied all closing conditions, leaving the pending lawsuits as the sole barrier to completing the transaction.
Paramount quantifies delay costs at up to $1.88 billion
The filing states Paramount provided unrebutted evidence that ticking fees and incremental financing costs tied to the closing delay could reach $1.88 billion. Paramount's briefs assert that plaintiffs have not disputed this figure or otherwise contested that the company will suffer financial injury from the court's no-close order.
Paramount invokes Clayton Act bond mandate rather than seeking to lift the injunction
Paramount is not asking the court to allow the merger to close immediately. Instead, it wants enforcement of a bond under the Clayton Act and Rule 65, mechanisms designed to compensate a party if an injunction is later found to have been wrongly granted. The company argues it agreed to delay closing to enable a prompt trial but did not waive its right to bond protection during that pause.
Paramount accuses states of filing suit after months of delayed regulatory feedback
According to the briefs, plaintiff states filed suit "at the eleventh hour,