Paramount says it will pause its Warner acquisition while legal challenges play out
Culture Paramount says it will pause its Warner acquisition while legal challenges play out July 24, 20266:26 PM ET By David Folkenflik , Clare Lombardo Jae C. The blockbuster merger of Paramount and Warner Bros. Discovery is on hold — possibly for many months — as two legal challenges to the $111 billion deal play out in court.
- ▪Culture Paramount says it will pause its Warner acquisition while legal challenges play out July 24, 20266:26 PM ET By David Folkenflik , Clare Lombardo Jae C.
- ▪The blockbuster merger of Paramount and Warner Bros.
- ▪Discovery is on hold — possibly for many months — as two legal challenges to the $111 billion deal play out in court.
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Culture Paramount says it will pause its Warner acquisition while legal challenges play out July 24, 20266:26 PM ET By David Folkenflik , Clare Lombardo Jae C. Hong/Associated Press Sign up for NPR's Up First morning newsletter for the stories you need to start your day. The blockbuster merger of Paramount and Warner Bros. Discovery is on hold — possibly for many months — as two legal challenges to the $111 billion deal play out in court. In a legal filing in federal court in California on Friday, Paramount says it has agreed not to take any steps to acquire Warner until June 1, 2027, or five days after the lawsuits are resolved, if that comes first.
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