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Judge temporarily pauses Paramount-Warner Bros. deal
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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 paused the proposed merger of Paramount Skydance and Warner Bros.
Discovery, granting a request from a coalition of 12 state attorneys general who sued to thwart the $110 billion deal. ...
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