Paramount and Warner Bros. merger blocked by temporary restraining order one day before close

California District Judge Araceli Martínez-Olguín granted a temporary restraining order on the $110 billion Paramount-Warner Bros. Discovery merger on Monday, pausing the deal for 14 days. The order came after a coalition of 12 state attorneys general led by California’s Rob Bonta sued to block the acquisition last week, arguing it would violate the Clayton […]
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