Judge pauses Paramount’s attempt to buy Warner Bros. Discovery
A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros. Discovery on hold, as reported by Variety and Reuters. US District Judge Araceli Martínez-Olguín said that based on the new company's market share, "the Court is persuaded that it can presume […]
What happened?
A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros. Discovery on hold, as reported by Variety and Reuters. US District Judge Araceli Martínez-Olguín said that based on the new company's market share, "the Court is persuaded that it can presume […]
Story details
A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros.
Discovery on hold, as reported by Variety and Reuters.
US District Judge Araceli Martínez-Olguín said that based on the new company's market share, "the Court is persuaded that it can presume […]
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Original source
https://www.theverge.com/business/968055/paramount-wbd-merger-pause-tro