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Federal judge temporarily halts Paramount-Warner Bros. merger
Washington Examiner
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.
A federal judge in Northern California granted a temporary restraining order halting the merger of Paramount Skydance and Warner Bros.
Discovery until an August hearing on the blockbuster consolidation.
Biden-appointed U.S.
District Judge Araceli Martinez-Olguin granted the TRO on Monday, with California Attorney General Rob Bonta (D) declaring the order a win for himself and […] ...
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