A judge has paused the $110 billion merger between Paramount and Warner Bros. The lawsuit filed by several states claims that the merger could negatively impact movie theaters, basic cable distributors, and audiences.
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Judge halts $110 billion merger between Paramount and Warner Bros.
A judge has temporarily halted the merger between Paramount and Warner Bros., valued at $110 billion. The lawsuit brought forth by multiple states argues that the merger may adversely affect movie theaters, cable distributors, and viewers.
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Judge pauses $110B Paramount-Warner Bros. merger
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Judge halts $110 billion merger between Paramount and Warner Bros.