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US judge suspends Paramount’s acquisition of Warner Bros.
Free Malaysia Today - Latest
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 companies are prohibited from closing their US$110 billion deal for 14 days until another hearing is held regarding a preliminary injunction. ...
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