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Judge pauses US$110b Paramount-Warner Bros Discovery merger as 12 US states sue to block deal
Malay Mail
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 temporarily halted the Paramount–Warner Brothers merger, citing credible antitrust concerns raised...
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