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Home›Global Markets›North America›12 states sue to block Paramount and Warner Bros. Disc…

12 states sue to block Paramount and Warner Bros. Discovery merger

The states, including California, are seeking to stop the deal between Paramount and Warner Bros. Discovery from closing.

Reported · Written up by our desk · North America

A group of 12 US states, including California, has filed a lawsuit aimed at blocking the merger between Paramount and Warner Bros. Discovery, CNBC Markets reported.

According to CNBC World, the legal action seeks to prevent the companies from completing the transaction.

The states argue the merger should not proceed, and the lawsuit is designed to halt the deal as it moves through the regulatory process.

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Sources

CNBC MarketsParamount, WBD hit with lawsuit from 12 states, including California, to block merger
CNBC WorldParamount, WBD hit with lawsuit from 12 states, including California, to block merger

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