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The Nexus
BUSINESSJul 24 · 20:42 UTCWTOP DCWTOP Staff

Paramount agrees to delay closing Warner buyout for months while judge considers states’ challenge

Paramount agreed to delay closing its $81 billion buyout of Warner Bros. Discovery until next year to allow a judge to evaluate a challenge from 12 states seeking to block the merger. A U.S. District Judge granted a temporary restraining order, citing concerns the deal could reduce competition in Hollywood.

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Paramount agrees to delay closing Warner buyout for months while judge considers states’ challenge · The Nexus