US judge suspends Paramount’s acquisition of Warner Bros.
A federal judge in California on Monday ordered Paramount Skydance and Warner Brothers Discovery to temporarily pause their merger while a case brought by multiple states challenging the deal moves forward.” Last week, 12 states led by California sued to block the deal in a direct challenge to the Trump administration’s Justice Department, which approved the merger last month.
Paramount pushed back on the suit’s allegations, framing their deal as a boone for competition in the media industry.
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