California-led states won a pause of Paramount’s proposed $110B acquisition of Warner Bros. Discovery, arguing the deal would irreparably harm competition. The order delays merger progress and increases regulatory uncertainty around the transaction’s ultimate approval.
California-led states won a pause of Paramount’s proposed $110B acquisition of Warner Bros. Discovery, arguing the deal would irreparably harm competition. The order delays merger progress and increases regulatory uncertainty around the transaction’s ultimate approval.
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