Paramount delays $81 billion Warner deal as 12 states press suit
What's next: The companies cannot close before a ruling on the states' challenge or June 1, 2027, whichever comes first.
What's next: The companies cannot close before a ruling on the states' challenge or June 1, 2027, whichever comes first.
Why it matters: A 12-state lawsuit argues the merger would cut competition in Hollywood and limit choices for moviegoers and cable customers.
What's next: The merger cannot close before a court ruling on the states' lawsuit or June 1, 2027, whichever comes first.
What’s next: California is still reviewing the deal and could sue, even after federal antitrust officials let the merger proceed.