Oregon’s Attorney General withdraws effort to delay Paramount and Warner Bros. merger

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Oregon’s Attorney General withdraws effort to delay Paramount and Warner Bros. merger

- 2 min read - Source: The Verge
TOP SUMMARY

Oregon Attorney General Dan Rayfield had been seeking documents from Paramount related to its takeover of Warner Bros. Rayfield also asked a state circuit...

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Key points

  • Oregon Attorney General Dan Rayfield had been seeking documents from Paramount related to its takeover of Warner Bros.
  • Rayfield also asked a state circuit court judge to delay the closing of the deal by 60 days so that his office could review the documents.
  • Oregon’s Attorney General withdraws effort to delay Paramount and Warner Bros.
  • merger AG Dan Rayfield says Paramount clearly thinks “they’re above the law.” AG Dan Rayfield says Paramount clearly thinks “they’re above the law.” Obviously, Paramount is pleased with Rayfield’s decision to withdraw his request, but the AG’s office isn’t exactly satisfied with the outcome.

What happened

Oregon Attorney General Dan Rayfield had been seeking documents from Paramount related to its takeover of Warner Bros. Rayfield also asked a state circuit court judge to delay the closing of the deal by 60 days so that his office could review the documents. Oregon’s Attorney General withdraws effort to delay Paramount and Warner Bros. merger AG Dan Rayfield says Paramount clearly thinks “they’re above the law.” AG Dan Rayfield says Paramount clearly thinks “they’re above the law.” Obviously, Paramount is pleased with Rayfield’s decision to withdraw his request, but the AG’s office isn’t exactly satisfied with the outcome. Jenny Hansson, communications director for Rayfield, told Deadline that, “Paramount made it clear that they weren’t going to comply with the investigative demand, and that they think they’re above the law. We’ve withdrawn the motion to consider our next steps.” Rayfield specifically was interested in documents relating to Paramount’s lobbying efforts, which were codenamed “Project Warrior.” Paramount is run by David and Larry Ellison, major supporters of Donald Trump who enjoy a cozy relationship with the White House.

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Source: The Verge

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