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Paramount-Warner Bros. Merger Halted by US Judge

A US federal judge has temporarily halted the $111 billion merger between Paramount and Warner Bros Discovery, citing a lawsuit that argues the deal violates antitrust laws, giving the court time to consider the challenge from 12 states.

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CBSGuardianNYTBBCSky
Judge Temporarily Pauses Paramount-Warner Bros. Deal NYTimes – Business
In brief

What the sources add

The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.

Source coverage

Media reports

US
CBS

Judge temporarily halts Paramount-Warner Bros. Discovery merger

The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.

Merger deal between Paramount and Warner Bros paused by judgeBBC News – World
BBC

Merger deal between Paramount and Warner Bros paused by judge

US court temporarily stops Paramount and Warner Bros merging after 12 states launched legal action.

US
Guardian

Judge orders pause on Paramount-Warner merger after challenge from 12 states

$81bn merger halted for at least two weeks after US states sued to block deal, saying it would ‘extinguish competition’ A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81bn merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court. Twelve states, led by California , sued to block Paramount’s pending buyout of Warner…

Paramount takeover of Warner Bros paused on orders of judgeSky News – Front Page
Sky

Paramount takeover of Warner Bros paused on orders of judge

A judge has ordered a temporary halt to the takeover of Warner Bros Discovery (WBD) by Paramount Skydance, as several US states move to block the deal.

Judge Temporarily Pauses Paramount-Warner Bros. DealNYTimes – Business
NYT

Judge Temporarily Pauses Paramount-Warner Bros. Deal

The delay is intended to give the court time to consider a lawsuit that argues the $111 billion merger violates antitrust laws.