PSKY-WBD Merger ‘Could Be Dragged Out a Year’
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Despite clearing federal scrutiny, the proposed merger between Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) still faces challenges from state regulators. Bryan Sullivan of Early Sullivan Wright Gizer & McRae says the case could hinge on expert testimony over whether the combined company would have too much pricing power. He says a narrower definition of the competitive market could ultimately determine whether the deal is allowed to move forward. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191
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