BUSINESSQUARTZ
Twelve states sued to block Paramount's $110 billion Warner Bros. merger
Twelve states, led by California, sued to block Paramount's $110 billion Warner Bros. merger, alleging the deal would raise prices and reduce competition in film distribution and cable TV.
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- 12 states sue to block Paramount’s purchase of Warner Bros.
- 12 states challenge Paramount’s takeover of Warner Bros, say merger would ‘extinguish competition’
- California and 11 other states sue to block Paramount’s takeover of Warner, arguing it would ‘extinguish competition’
- 12 states challenge Paramount's takeover of Warner Bros, say merger would 'extinguish competition'