Paramount, Warner to halt merger
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A look inside the judge’s ruling for a brief pause in Paramount’s proposed deal with Warner Bros. reveals that the merger is in a shaky position.
Paramount will exit its United International Pictures distribution joint venture with Universal as a condition for EU approval of its $111 billion takeover of Warner Bros. Discovery. The move is in
U.S. District Judge Araceli Martínez-Olguín issued a temporary restraining order preventing Paramount from closing the $110 billion acquisition for at least 14 days. The decisio
By Foo Yun Chee BRUSSELS, June 24 (Reuters) - Paramount Skydance Corp is prepared to divest its film distribution joint venture with Universal Pictures to address EU antitrust concerns about its $110 billion acquisition of Warner Bros Discovery,
