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States prepare lawsuit to block Paramount’s Warner Bros merger
The deal is valued at $111 billion, and a lawsuit could be filed as soon as this week, posing a major obstacle to closing.
State attorneys general are preparing to file a lawsuit to block Paramount’s merger with Warner Bros., according to reporting by The New York Times.
The potential legal challenge could come as soon as this week, creating a significant hurdle for the transaction.
The merger is described as a $111 billion deal, and the anticipated lawsuit underscores uncertainty around the path to closing.
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