AxiosCenter·
Paramount Skydance-Warner Bros. Discovery merger paused by federal judge
A federal judge has paused Paramount Skydance's takeover of Warner Bros. Discovery in response to a lawsuit last week from a dozen state attorneys general looking to block the deal on antitrust grounds. Why it matters: The delay represents the most significant legal challenge related to the merger globally to-date. While some foreign regulators, including the U.K.'s Competition and Markets Authority, are still reviewing the deal, none have issued an order that independently bars Paramount and W…
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