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Paramount and Warner Bros pause $110bn merger amid legal challenge
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BBC Business
Paramount and Warner Bros pause $110bn merger amid legal challenge
Until a judge reaches a final verdict – or until 1 June 2027 – the Hollywood studios will remain completely separate, competing operations.
24 Jul, 21:49
Guardian Business
Paramount agrees to pause $110bn Warner Bros merger as case plays out
Twelve states led by California had obtained temporary restraining order blocking merger from closing for 28 days
Paramount Skydance has agreed to pause its $110bn acquisition of Warner Bros Discovery until a ruling on several states’ challenge to the deal, or until 1 June 2027, according to court papers filed on Friday.
A group of 12 US states headed by California obtained a temporary restraining orde…
24 Jul, 20:36
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