State AGs Seek Temporary Restraining Order To Pause Paramount

State attorneys general are seeking a temporary restraining order to block the proposed merger between Paramount and Warner Bros. Discovery. The legal action aims to halt the deal before a potential closing date of July 22, which coincides with an expected European Union regulatory decision.
State attorneys general are now seeking a temporary restraining order and preliminary injunction to pause Paramount‘s proposed merger with Warner Bros. Discovery, warning that the company may otherwise close the transaction as soon as July 22. That date is around the time that the European Union is expected to issue its decision on the transaction, [...]
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