Variety·1 min read·medium
Paramount Agrees to Postpone Warner Bros. Merger Until After Trial
G
Gene Maddaus
✦AI Summary
Paramount Skydance has agreed to delay its $111 billion merger with Warner Bros. Discovery until after an upcoming antitrust trial. The decision follows a joint stipulation reached with state attorneys general to address competition concerns.
Paramount Skydance has reached an agreement with a coalition of state attorneys general to postpone the Warner Bros. Discovery merger until after an antitrust trial. The company entered a joint stipulation in the federal case on Friday afternoon agreeing not to close the $111 billion transaction until five days after a trial is held or [...]
businessentertainment
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