US judge halts Paramount-Warner Bros merger for 14 days amid antitrust challenge by 12 states
A federal judge in California on Monday temporarily blocked Paramount Skydance and Warner Bros. Discovery from completing their proposed $110 billion merger, granting a 14-day restraining order as a multistate antitrust lawsuit challenging the deal moves forward.The order prevents the companies from closing the transaction until at least August 3, when the court will hear…