Judge Extends Emergency Order Pausing Paramount-Warner Bros. Merger

Federal judge Araceli Martínez-Olguín extended a temporary restraining order pausing the proposed Paramount and Warner Bros. Discovery merger by two weeks, pushing the transaction’s earliest possible closing date to Aug. 17, according to court documents filed on Thursday. The extension allows legal proceedings to continue while the court weighs preliminary injunction motions filed by state … Read more