Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it

Paramount CEO David Ellison faces a final hurdle in acquiring WBD as an antitrust challenge by state attorneys general blocks the deal. Ellison is seeking alternative avenues to complete the acquisition, but the legal obstacle remains unresolved. The challenge could impact the media industry's M&A landscape, potentially freezing other deals.