Judge halts $110 billion Paramount-Warner Bros. deal for 14 days
What's next: A lawsuit by 12 states will test whether the merger would illegally cut competition in film, cable and streaming.
The New York Times, NPR
Subject
#Cbs
12 states sue to block Paramount’s $31-a-share bid for WBD
Why it matters: The case targets a deal that would unite CBS, HBO Max, CNN, MTV and BET under one company.
The New York Times, Bloomberg +3
DOJ clears Paramount’s $111 billion merger with Warner Bros. Discovery
What’s next: Paramount said it plans to close the deal soon, while California and EU antitrust scrutiny remains in play.