Is it possible the next administration sues to break them up? Couldn't they also just launch endless investigations of the owners until they spun it off into its own thing
$111 billion sheds a lot of gratuity as it moves from one place to another.
The "big deal" is what it does for the shareholders in black & white.
A number of those very major shareholding individuals who have the most to gain have been pushing for a deal forever, and naturally all the retail investors will be entitled to go along for the ride.
But probably a greater number of insiders who are pushing for the deal are not that major of a shareholder or even shareholders at all. Corporate employees who are higher-ups and in accessory corporations like banks and consultants within range, can often be subject to bonuses and commissions anyway which can motivate them en masse much more so than whether they had any nominal amount in their retail portfolio or not. There might even be a legislator or two who stands to gain somewhere along the line, sooner or later.
The number of people who are going to get rich without having to have been opportune shareholders can really make the difference.
The big shareholders were already rich or were going to get richer anyway.
That's probably what the extra $11 billion is for, for everybody else close to the deal, and that's even more incentive for them to expedite.
You can only imagine that one guy negotiated an extra 10% more than a $100 billion deal was worth, especially since the buyers could easily afford it. But then gets 10% of that so he gets a billion, bringing the final total to $111 billion so no other numbers need to be adjusted ;)
https://www.commondreams.org/news/paramount-merger-settlemen...
Hypothetically California could have done something to prevent the merger. Then they [Paramount] leave California, as threatened, and then complete the merger.
The Federal government is the entity which needs to be the enforcer of antitrust. Otherwise major companies like these WILL pick and and leave the state blocking them. It's a 111 billion deal - this is worth moving states for the parties involved.
Here's the issue: nothing stops them from leaving the state anyway after the deal is made. The concessions lack any weight. California folded potentially for nothing.
At the same time, this promise to "support labor" falls flat when they have been actively combatting with it for recent years. Their words ring hollow.
And if we're being realistic: this is mostly Newsom trying to cover his tracks and look "strong" for 2028.
You have a fundamental misunderstanding of the political spectrum if you believe that establishment democrats will do anything to prevent this.
https://www.wsj.com/business/media/paramount-warner-bros-dea...