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Judge pauses $110B Paramount-Warner Bros. merger
The lawsuit from the states alleges that the deal would harm movie theaters, basic cable distributors, and audiences.
Paramount Skydance’s proposed acquisition of Warner Bros. Discovery (WBD) has hit a roadblock after a judge temporarily paused the deal in response to a lawsuit filed by a coalition of 12 state attorneys general who argue that the merger would harm competition. U.S. District Judge Araceli Martínez-Olguín issued a 14-day pause…
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