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Federal Judge Places Temp Hold on Paramount/WB Discovery Merger

A judge Monday placed a temporary hold on Paramount’s proposed $110 billion takeover of Warner Bros. Discovery. U.S. District Judge Araceli Martinez-Olguin’s ruling for a temporary restraining order stems from a lawsuit brought by a 12-state coalition led by California arguing the planned merger would violate federal antitrust law. The order in U.S. District Court […]

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