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The Nexus
BUSINESSJul 24 · 22:42 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 while a judge evaluates a challenge from 12 states seeking to block the deal. A temporary restraining order was granted, and the case is moving toward an antitrust trial, with both sides claiming victory.

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