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Leave Delaware
@LeaveDelaware
Official Home of the DExit Movement. 🇺🇸 America’s business migration, tracked in real time. Companies, capital & talent leaving high-cost, high-risk states
가입 August 2024
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🚨 UPDATE: A FEDERAL JUDGE HAS REFUSED TO SIGN OFF — FOR NOW — ON PARAMOUNT’S $110B WARNER BROS. SETTLEMENT WITH CALIFORNIA AND 11 OTHER STATES. Judge Araceli Martínez-Olguín told the parties, “The court isn’t a rubber stamp,” and asked for more information before deciding whether to approve the consent decree. She also ordered Paramount and the states to respond by Monday to concerns raised by Sen. Cory Booker and requested additional detail on how compliance with the settlement will be monitored. Paramount said earlier this week that it had “complete clearance” for the merger. The state antitrust settlement, however, still has not received final court approval.
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🚨 JUST IN: California AG Rob Bonta has CANCELED today’s settlement talks with Paramount, accusing David Ellison’s team of “playing games.” The meeting was supposed to be a key step toward resolving California’s lawsuit blocking Paramount’s $111 billion Warner Bros. Discovery deal. Ellison has already warned that Paramount could begin moving operations out of California starting October 1 if the state refuses to make progress toward a settlement. So this morning, the situation moved in the opposite direction. One of Hollywood’s biggest companies is openly considering leaving California, and the state just canceled the meeting intended to keep negotiations moving.
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