US judge pauses Paramount’s $110bn Warner Bros acquisition
US District Judge Araceli Martinez-Olguin in Oakland issued a 14-day temporary restraining order blocking Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, saying it likely violates antitrust law. The order came at the request of 12 state attorneys general led by California's Rob Bonta, who argue the deal would harm competition in theatrical distribution and cable licensing.
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