AxiosCenter·
A dozen states file lawsuit to block Paramount Skydance-Warner Bros. Discovery merger
State attorneys general from a dozen states, including California, New York and Washington, filed a lawsuit to block Paramount Skydance's $110 billion takeover of Warner Bros. Discovery. Why it matters: The lawsuit could derail or delay the closing of the deal, which could cost Paramount hundreds of millions of dollars. The coalition of states said they asked the two companies not to close their merger until after the judicial process concludes, adding it will file a temporary restraining order…
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