Judge Pauses Paramount-Warner Bros Merger
A federal judge has temporarily paused the Paramount-Warner Bros. merger after a 12-state coalition led by California argued the deal would violate antitrust law. The 14-day restraining order (PDF) preserves the status quo while the court considers a preliminary injunction, which could effectively determine whether the merger survives. Variety reports: "Plaintiff States' showing at least demonstrates that serious questions going to the merits remain, weighing in favor of preliminary injunctive r
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