Paramount Delays Warner Bros. Discovery Merger Closure to 2027 Amid Antitrust Litigation
TL;DR Summary
Paramount has agreed not to close its merger with Warner Bros. Discovery until June 1, 2027 or until the merits of lawsuits brought by state attorneys general and the Writers Guild of America are resolved, extending a temporary restraining order that paused the deal for a hearing. The pact also suspends any planned integration steps and keeps a looming $7 million-per-day ticking fee from past Sept. 30 in play, with a judge’s sign-off on a schedule still pending as litigation proceeds.
- Paramount Agrees To Not Close Warner Bros. Transaction Until Next Year Deadline
- Paramount Agrees to Delay Warner Bros. Merger for Months The New York Times
- Paramount Agrees to Postpone Warner Bros. Merger Until After Antitrust Trial Variety
- Paramount-Warner Bros deal paused through August 17, judge rules Reuters
- Paramount Wins EU Approval for $81 Billion Warner Bros. Deal WSJ
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