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Paramount and Warner Bros. merger faces temporary restraining order
The order follows a lawsuit by state attorneys general that alleged antitrust concerns tied to the deal.
A California judge has granted a temporary restraining order in connection with the proposed merger of Paramount and Warner Bros., a move tied to antitrust litigation.
According to CNBC Markets, the order was issued as part of a lawsuit brought by state attorneys general, who challenged the deal over competition concerns.
The restraining order is temporary and stems from the case seeking to address alleged antitrust issues raised by the states.