US Markets
Home›US Markets›M&A & Deals›Paramount pauses $111 billion Warner Bros deal as anti…
Paramount pauses $111 billion Warner Bros deal as antitrust fight nears
The New York Times Business reports that Paramount paused its blockbuster $111 billion deal with Warner Bros., disrupting a high-profile media combination.
According to the outlet, a surge of negotiations last week helped clear the way for an antitrust court battle involving states.
That legal dispute, centered on the companies being considered in the deal, is expected to play a deciding role in whether the transaction proceeds.
← Newer storyFOMC and global CPI, GDP releases set up major FX test this weekOlder story →U.S. jet fuel costs jump as Middle East hostilities lift crude prices