U.S. Judge Temporarily Blocks Paramount's $110 Billion Acquisition of Warner Bros.
A U.S. District Court judge has temporarily blocked Paramount Skydance Corporation’s proposed acquisition of Warner Bros. Discovery, granting a coalition of 12 states more time to argue the merger would harm competition in film and cable TV markets. The restraining order lasts for up to 28 days with an initial hearing scheduled on August 3.
Topics: antitrust legal_challenge media_mergers