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Deal Came Together After Stalemate
Deadline • • general
Key Points:
- Paramount reached a settlement with 12 Democratic state attorneys general after prolonged negotiations, with the final agreement signed late Sunday following Yom Kippur.
- California Attorney General Rob Bonta revealed that while most of the deal was near completion earlier, the final details took extra time to resolve, with significant progress made in the last week.
- Negotiations intensified after months of legal posturing, avoiding a Supreme Court battle, with California Governor Gavin Newsom reportedly playing a quiet but influential role in pushing for a settlement.
- Despite criticism from activists like Mark Ruffalo, who accused Newsom of favoring corporate interests, Bonta maintained that the settlement was a positive outcome, although state leaders still oppose the merger.
- Minnesota Attorney General Keith Ellison indicated the deal is expected to be finalized within the next two weeks.
