Another $30 billion could leave California as state stands in the way of a massive corporate merger

There are threats, and then there are $30 billion threats.

California Attorney General Rob Bonta seems to have the magic wand that could remedy the situation, but the decision is not exactly a case of right and wrong.

‘The proposed transaction will increase output, expand theatrical releases, and enhance competition.’

All my exes live in Texas

The massive $110 billion takeover of Warner Bros. Discovery by Paramount has the California AG at a seemingly unforgiving fork in the road: either allow it to go through or face an exodus of capital in the amount of tens of billions.

At the same time, Paramount CEO David Ellison is allegedly being pushed by advisers and confidants to consider moving his company’s business out of California. Semafor reported that this would take around