Arizona GOP leader seeks hearing on taxpayer risk in Paramount merger case
EXCLUSIVE — Arizona Republican Senate President Warren Petersen is calling for a public hearing on the potential cost that state taxpayers may have to bear if a court grants Paramount Skydance‘s $1.88 billion bond request in its legal battle against a multistate antitrust lawsuit.
TL;DR
- Arizona Senate President Warren Petersen is calling for a public hearing on potential taxpayer costs.
- The hearing concerns Paramount Skydance's $1.88 billion bond request in an antitrust lawsuit.
- If granted, the bond would cover Paramount's losses from an injunction blocking its merger with Warner Bros. Discovery.
- Twelve blue states, including Arizona, and the Writers Guild of America could be financially responsible if the bond is granted.
- Petersen criticizes Arizona Attorney General Kris Mayes for joining the lawsuit.
- Petersen is running to replace Mayes and argues she is risking taxpayer money.