Paramount's $110 Billion WBD Deal Pause Extended for Another Two Weeks

The temporary pause on Paramount Global’s proposed $110 billion merger with Warner Bros Discovery (WBD) has been extended by US District Judge Araceli Martínez-Olguín until August 3rd. The extension allows the court to consolidate and hear preliminary injunction motions from both state attorneys general and the Writers’ Guild of America, which have challenged the deal on antitrust grounds.

By Richard Lawler · The Verge ·

Paramount's $110 Billion WBD Deal Pause Extended for Another Two Weeks

Tickers: $WBD

Topics: Lawsuits Media Mergers & Acquisitions Regulation

Read the full article at The Verge

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