Judge says Paramount and Warner must halt merger for at least two weeks, granting states’ request
Headline from The Republic, on the newest of 2 developments
NEW YORK (AP) — A federal judge on Monday ordered Paramount and Warner Bros. Discovery to halt their $81 billion merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court.
The Republic's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Despite Monday’s antitrust lawsuit by the attorneys general of California, New York and 10 other states, Paramount lawyer Jeffrey Kessler says the Warner Bros. Discovery merger can still close on time. “The plan is still to close this quarter before the end of September,” the company’s lead trial co…
By Brian Stelter, CNN (CNN) — Executives involved in the pending Paramount–Warner Bros. Discovery deal expect that a judge will hit pause on the takeover plan in the coming days. Officially, it’s anyone’s guess what the court will do in response to a request by 12 state attorneys general for a tempo…
Attorneys general from 12 states are suing to block the Paramount-Warner Bros deal they say violates antitrust law A last-ditch effort to block the merger between Paramount Skydance and Warner Bros Discovery (WBD) is heading to court as 12 Democratic state attorneys general attempt to stop the $111b…
A judge on Friday heard arguments on a state coalition’s bid for a restraining order to pause the Paramount-Warner Bros. Discovery merger, and said she would issue a ruling by next Wednesday. Judge Araceli Martinez-Olguin suggested at one point that Paramount had conceded that it will not suffer har…
Twelve states, led by California, sued to block the merger, alleging that it would "extinguish competition" in Hollywood and reduce choices for consumers.
A judge ordered a temporary halt to the Paramount-Warner Bros. merger on Monday, as a state coalition argues it would violate federal antitrust law, leading to higher prices and fewer movies and TV shows.
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.
A judge on Monday halted Paramount’s $110 billion acquisition of Warner Bros. Discovery, after a group of 12 Democratic attorneys general led by California sued to block the deal, arguing it would harm consumers and reduce competition.
NEW YORK (AP) — A federal judge on Monday ordered Paramount and Warner Bros. Discovery to halt their $81 billion merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court.
A federal judge has temporarily blocked the proposed merger between Warner Bros. and Paramount, determining that the combination of the two megacorporations would violate antitrust laws. U.S. District Judge Araceli Martínez-Olguín issued a 14-day restraining order on the transaction Monday.
$81bn merger halted for at least two weeks after US states sued to block deal, saying it would ‘extinguish competition’ A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81bn merger for at least two weeks, allowing states that are challenging the deal more time to …
NEW YORK (AP) — A federal judge on Monday ordered Paramount and Warner Bros. Discovery to halt their $81 billion merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court.
