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Paramount-Warner Merger Pause

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Earlier report Filed 21 Jul, 21:40 UTC Judge Temporarily Halts Paramount-Warner Bros. Merger A US federal judge temporarily halted the proposed Paramount-Warner Bros. Discovery merger after a coalition of 12 states sued to block the deal, arguing it would harm consumers and extinguish competition in the entertainment industry. The pause gives the court time to consider the antitrust lawsuit. Reports differ on the deal's reported value and the precise length of the pause. US · 5 sources