Paramount Warner Bros. Merger Temporarily Paused By Judge
Kotaku · 4 min read · policy
U.S. District Judge Araceli Martínez-Olguín issued a temporary restraining order blocking Paramount's $110 billion acquisition of Warner Bros. Discovery following a lawsuit by California and 11 other states. The 14-day pause precedes an August 3 hearing on a preliminary injunction; states argue the merger would reduce competition and raise prices.
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