Federal Court Sets July 18 Hearing on States' Bid to Halt Paramount-WBD Merger
Updated
Updated · Deadline · Jul 14
Federal Court Sets July 18 Hearing on States' Bid to Halt Paramount-WBD Merger
3 articles · Updated · Deadline · Jul 14
Summary
Friday at 10 a.m. PT, a federal judge will hear 12 state attorneys general's emergency request for a temporary restraining order to pause Paramount's proposed merger with Warner Bros. Discovery.
The states want a ruling by July 22, arguing the companies could close the transaction after that date while their antitrust lawsuit is still pending.
Judge P. Casey Pitts, who was assigned the case Tuesday, also ordered Paramount to file its opposition to the TRO by noon Thursday.
The hearing lands as the EU is nearing its decision on the deal, while the U.S. Justice Department has already cleared the merger.