Judge pauses Paramount’s attempt to buy Warner Bros. Discovery
- 2 min read - Source: The Verge
TOP SUMMARY
A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros....
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Key points
- A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros.
- Judge pauses Paramount’s attempt to buy Warner Bros.
- Discovery If the deal gets delayed for too long, it could cost Paramount millions of dollars a day.
- If the deal gets delayed for too long, it could cost Paramount millions of dollars a day.
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. Judge pauses Paramount’s attempt to buy Warner Bros. Discovery If the deal gets delayed for too long, it could cost Paramount millions of dollars a day. If the deal gets delayed for too long, it could cost Paramount millions of dollars a day. If the deal hasn’t closed by September 30th, Paramount will owe Warner Bros. They agreed to it as a party with Warner Bros.