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The Nexus
BUSINESSJul 24 · 21:49 UTCWPLG LOCAL 10 MIAMIBy WYATTE GRANTHAM-PHILIPS, Associated Press

Paramount delays closing Warner buyout while judge considers states' challenge

Paramount and Warner Bros. Discovery have delayed closing their $81 billion merger until next year as a judge evaluates a challenge from 12 states. A temporary restraining order and a postponed hearing indicate the case is moving toward a larger antitrust trial, with both sides claiming the delay supports their positions.

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Paramount delays closing Warner buyout while judge considers states' challenge · The Nexus