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Home›US Markets›M&A & Deals›States prepare lawsuit to block Paramount’s Warner Bro…

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.

Reported · Written up by our desk · M&A & Deals

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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Sources

NYT BusinessStates Prepare Lawsuit to Block Paramount’s Merger With Warner Bros.

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