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US judge suspends Paramount's acquisition of Warner Bros
Le Monde (English)
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.
Last week, 12 states led by California sued to block the deal in a direct challenge to the Trump administration's Justice Department, which approved the merger last month.
On Monday, California Attorney General Rob Bonta hailed the temporary restraining order as 'a critical first win' to 'ensure this megamerger never sees the light of day.' ...
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