In gaming related news, a consortium of 12 state AGs, led by California AG Rob Bonta and including the states of Arizona, Colorado, Connecticut, Massachusetts, Minnesota, New Jersey, New Mexico, New York, Oregon, and Washington, have won a temporary injunction against the Skydance/WB merger until August 3.
I do expect that this temporary injunction will sadly be just that - temporary. The Trump administration doesn't just have their thumb on the scale; Trump has his fat ass on the scale. The best hope for defeating this merger is to make it too expensive and troublesome to the point where the Saudis back out - at which point, the Ellisons likely don't have the money to complete the merger all on their own. Very likely, that is what this state consortium is hoping to accomplish, is to discourage Prince Bonesaw. So unless the US government decided to engage in open communism in that scenario and put up the money out of the treasury, that would be the end of it.
Most likely, again, this is only a temporary stumbling block, and the merger will ultimately go through. But one can hope, I suppose.
Paramount Skydance ordered to pause Warner Bros. acquisition through August 3 - Reuters
