Paramount-Warner Bros. Merger Paused As States’ Challenge Proceeds

The Hollywood Reporter

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 court issued a temporary restraining order freezing the deal for a short period.

Next, it will consider whether to issue a preliminary injunction, which will prevent Paramount from closing until the case is decided. ...

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Paramount-Warner Bros. Merger Paused As States’ Challenge Proceeds

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