WS #12499
A US judge temporarily paused the $110 billion Paramount-Warner Bros. merger for two weeks, following a lawsuit by 12 states alleging antitrust violations. Paramount faces $7 million daily penalties if delayed past September 30.
Paramount-Warner Bros Merger Paused
A US judge temporarily paused the $110 billion Paramount-Warner Bros. merger for two weeks, following a lawsuit by 12 states alleging antitrust violations. Paramount faces $7 million daily penalties if delayed past September 30.