Business Insider· 1h ago· 1 min read
<figure><img src="https://i.insider.com/68c1ced5f9db348adc0b3a8b?format=jpeg" height="2304" width="3456" alt="Larry Ellison and David Ellison at a Star Trek premiere, 2013"><figcaption>Larry Ellison backed the deal that let his son David buy Paramount this year. They were set to acquire Warner Bros. Discovery in the coming weeks — but a court challenge from the state of California means all bets are off.<p class="copyright">Eric Charbonneau/Getty Images for The Hollywood Reporter</p></figcaption></figure><ul class="summary-list"><li>Larry and David Ellison bought Paramount last year. They were set to acquire Warner Bros. Discovery in the very near future.</li><li>But a legal challenge from California's attorney general has thrown a big roadblock into the proceedings.</li><li>Bloomberg's Lucas Shaw explains why a settlement may be difficult, how this fall's elections may affect things,…
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