US judge suspends Paramount’s acquisition of Warner Bros.

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 Trump administration approved the blockbuster deal on June 12 without demanding a single change, clearing the way for one of the largest media mergers in years.
The post US judge suspends Paramount’s acquisition of Warner Bros. appeared first on Vanguard News. ...
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