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Judge pauses $110B Paramount-Warner Bros merger
TechCrunch
ONP Summary
After 12 states sued challenging the deal as anticompetitive, a federal judge halted the $110 billion Paramount-Warner Bros. merger. The court froze the transaction temporarily and will rule whether to maintain the freeze through preliminary injunction pending the lawsuit's outcome.
The lawsuit from the states alleges that the deal would harm movie theaters, basic cable distributors, and audiences. ...
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