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Judge temporarily halts Paramount-Warner Bros. Discovery merger
CBS News
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 ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry. ...
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