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Stock impact report

Coalition Of Public Interest Groups Call For State Attorneys General To Challenge Paramount-Warner Bros. Discovery Merger [Yahoo! Finance]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Discovery, claiming that it will increase consolidation to the point that it violates antitrust law. The letter, led by the Center for American Progress Action Fund, is aimed at California Attorney General Rob Bonta and other state AGs. Bonta already said he would closely scrutinize the proposed transaction, and told Deadline that there has been interest from other states as well. More from Deadline U.S. Economy Shed 92,000 Jobs In February, Including Drop In Entertainment Industry Employment California AG Slams Feds Over Paramount-WBD Deal; Citing Antitrust Concerns, Rob Bonta Says Real "Possibility Of Multiple States Working Together" Kristi Noem Out As Homeland Security Secretary; Trump Taps Markwayne Mullin To Replace Her The letter emphasizes the horizontal nature of the merger, as the combination would reduce the number of major film studios from five to four. The groups claimed that it would create a “more concentrated market” following The Walt Disney Co.'s purchas Show less Read more
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