Judge hits brakes on Paramount, Warner Bros. Discovery merger
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Summary
A judge in California has put Paramount’s planned takeover of Warner Bros. Discovery on hold while the court considers a sweeping antitrust lawsuit challenging the multibillion-dollar transaction, which was brought against the company last week. Judge Araceli Martínez-Olguín granted a request from California Attorney General Rob Bonta that the merger be paused for two weeks while…