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.

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.

By David McCabe

US judge pauses Paramount’s $110bn Warner Bros acquisition

Federal court grants request for temporary halt to merger while examining impact on competition in Hollywood

US judge suspends Paramount's acquisition of Warner Bros

Last week, 12 states led by California sued to block the deal in a direct challenge to the Trump administration's Justice Department, which approved the merger last month. On Monday, California Attorney General Rob Bonta hailed the temporary restraining order as 'a critical first win' to 'ensure this megamerger never sees the light of day.'

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 last week – alleging that such a combination would “extinguish competition” in ...

By Associated Press

Court ruling freezes Paramount-Warner Bros. merger for now

Paramount's owners were hoping they'd be firmly in control of rival Warner Bros. Discovery by the end of this week. Monday's temporary restraining order puts that plan on hold.

By David Folkenflik

US judge orders pause on Paramount–Warner Bros merger

Paramount risks $650m quarterly fees if merger delays extend beyond September, as per the merger agreement terms.

Paramount, Warner must pause merger for at least two weeks, judge says

A federal judge on Monday ordered Paramount and Warner Bros. Discovery to halt their $81 billion US merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court.

Paramount and Warner Bros. merger hit with temporary restraining order

A California judge granted a temporary restraining order as part of the lawsuit brought by state attorneys general due to antitrust concerns.

US judge suspends Paramount’s acquisition of Warner Bros

A federal judge in California on Monday ordered Paramount Skydance and Warner Bros Discovery to temporarily pause their merger while a case brought by multiple states challenging the deal moves forward. The companies are prohibited from closing their US$110 billion deal for 14 days until another hearing is held on August 3 regarding a preliminary injunction, which would prevent Paramount and Warner Bros from closing the transaction before a final decision is reached. The states raised “seriou...

By Agence France-Presse

Paramount's WBD deal is on pause after judge orders a merger delay

David Ellison, the Paramount Skydance CEO, ran into a roadblock after a lawsuit from California Attorney General Rob Bonta. Valerie Macon / AFP via Getty Images; Mel Melcon / Los Angeles Times via Getty Images A judge just issued a temporary restraining order pausing Paramount Skydance's acquisition of WBD. California and 11 other states filed a lawsuit against Paramount over its WBD deal. Next, the judge will decide whether to issue a preliminary injunction, which would further delay the de...

Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request

Judge Pauses Paramount-Warner Bros. Merger

A judge ordered a temporary halt to the Paramount-Warner Bros. merger on Monday, as a state coalition argues it would violate federal antitrust law, leading to higher prices and fewer movies and TV shows. Judge Araceli Martinez-Olguin issued the order after hearing argument from both sides on Friday morning. Paramount had previously agreed not to […]

By Gmaddaus

US judge blocks Paramount's $110B Warner Bros. Discovery merger temporarily

A US judge paused Paramount's $110 billion Warner Bros. Discovery merger for 14 days after California-led states argued the deal could harm competition.

Paramount-Warner Bros. Merger Paused As States’ Challenge Proceeds

A court issued a temporary restraining order freezing the deal for a short period. Next, it will consider whether to issue a preliminary injunction, which will prevent Paramount from closing until the case is decided.

By Winston Cho

Paramount Skydance ordered to pause Warner Bros acquisition by US judge

By Jody Godoy and Dawn Chmielewski

Judge Halts Paramount, Warner Bros. Merger After States Sue to Block $111 Billion Deal

A temporary restraining order was granted, setting up a battle over a more concrete injunction as the states pursue their antitrust case

By Jon Blistein

Judge Grants Temporary Restraining Order To Pause Paramount-Warner Bros. Discovery Merger For 14 Days

A federal judge has granted a temporary restraining order that will pause Paramount’s merger with Warner Bros. Discovery for 14 days. The order is in respond to a lawsuit filed by California Attorney General Rob Bonta and 11 other states, claiming that the merger violates antitrust laws. U.S. District Judge Judge Araceli Martinez-Olguin wrote that […]

By Ted Johnson

Judge orders Paramount to temporarily pause Warner Bros acquisition

Paramount and Warner Bros. Merger Paused for at Least 2 Weeks by Judge

A judge has ordered a temporary pause to the controversial Paramount-Warner Bros. merger.

By Michael Cripe

Judge Slaps A 14-Day Timeout On Paramount-Warner Bros. Mega-Merger

Judge Slaps A 14-Day Timeout On Paramount-Warner Bros. Mega-Merger A federal judge just threw a wrench into one of the biggest media shake-ups in years. On Monday, U.S. District Judge Araceli Martinez-Olguin (Biden) temporarily blocked Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, giving a coalition of 12 state attorneys general a short-term win in their fight to kill the deal. The temporary restraining order lasts 14 days - half the 28 days the state...

By Tyler Durden

Paramount Warner Bros. Merger Stopped By Judge

Paramount is facing some tough decisions, as a judge stops the merger with Warner Bros. Discovery after several lawsuits put the deal in jeopardy.

By Rianna de Bono-Smith

Court puts “brake” on $110 billion paramount–Warner Bros. merger

The decision came after a lawsuit filed by a coalition of 12 states led by California The post Court puts “brake” on $110 billion paramount–Warner Bros. merger appeared first on ProtoThema English.

By admin

US judge suspends Paramount’s acquisition of Warner Bros.

The Trump administration approved the blockbuster deal on June 12 without demanding a single change, clearing the way for one of the largest media mergers in years. The post US judge suspends Paramount’s acquisition of Warner Bros. appeared first on Vanguard News.

By Henry Oduah

Merger deal between Paramount and Warner Bros paused by judge

A US federal judge has temporarily blocked the proposed $110bn (£85bn) merger between media giants Paramount Skydance and Warner Bros Discovery.

By Abubakar Ibrahim