business · 2 outlets · 2 linked reports
States Reportedly Prepare Challenge to Paramount-Warner Merger
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Summary
- The New York Times reports that state attorneys general are preparing a lawsuit to halt Paramount’s $111 billion Warner Bros. deal.
- Oregon’s attorney general withdrew a demand for records and a motion seeking a 60-day delay.
- His office said Paramount would not comply with the demand and that it is considering next steps.
- California, New York, and the UK are also considering antitrust action, according to The Verge.
The question
Should regulators try to block the Paramount-Warner merger?
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