BUSINESSLAIST
Court ruling freezes Paramount-Warner Bros. merger for now
A U.S. District Judge granted a temporary restraining order to pause Paramount's acquisition of Warner Bros. Discovery due to an antitrust lawsuit filed by a dozen states. The $111 billion merger would combine major studios, streamers, and news outlets, but the court ruling halts the process ahead of a potential final decision.
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- Judge says Paramount and Warner must halt merger for at least 2 weeks, granting states' request
- Judge issues temporary restraining order in Paramount - Warner Bros. merger
- Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request
- Judge says Paramount and Warner must halt merger for at least 2 weeks, granting states' request