Given the EU's decisions were previewed already, the UK's going to be the wildcard here.
Larry & David don't want to pay the ticking fees so they're trying this tactic instead of just going through the motions.
Larry Ellison deeply care about his company named Oracle.
If Oracle goes down, so Larry would drop the f-bomb on Paramount and force his son to anything to recover the investment.
Of course, Larry want to overhaul the CNN to make a point but due to decline of linear TV, CNN would end up closed or sold to new owner. The overhauled CNN isn't going to beat Fox News that is seen as the king of conservative news and rating will hit the rock, so CNN would revert back to liberal news outlet after overhaul fails.
Also, David Ellison used to be supporter for democrat politicians but he flopped after 2024 election.
If USA courts reject the deal, Paramount could buy Warner’s international business, since those authorities have already approved it?
No, it is very unlikely.
If Skydance & Annapurna end up crumbling due to the AI stock bubble's popping having OpenAI drag Oracle down, so be it.
That is going to be a fun to watch lol.
There is a a note for
@awinger24 - M&A laws in the US is much more strict than EU and UK and M&A laws in the US enable the states to sue the company to stop the merger, so it happened with several companies.
Real possibility would be a big delay for PSKY-WBD to close the merger until all appeals are exhausted and ticking fees would make a bill much more bigger if Ellison didn't drop the merger sooner. If US Supreme Court decline to reverse the M&A lawsuit, so Ellison would have to wait for years and more likely, he would have no choice but end up terminate the merger.
Remember, the court is unpredictable and I'm asking you to calm down. The doom-posting don't help with your case and it hurt yourself more.