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A federal judge temporarily blocked Paramount's $110 billion Warner Bros. merger
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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 14-day restraining order halts a deal that would combine two of Hollywood's five major film studios and cable programmers ...
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