Paramount-WBD Merger Delayed Again Amid Antitrust Battle

TL;DR Summary
Paramount and Warner Bros. Discovery won’t close their $110 billion merger until at least June 1, 2027 or until the antitrust lawsuit’s merits are resolved, sending both stocks lower after hours as opponents cheer the delay and observers see a protracted, costly path ahead.
- Paramount-WBD Merger Opponents Cheer Legal Delay, Stocks Slide As Industry Absorbs Latest Plot Twist Deadline
- Paramount agrees to delay Warner Bros. Discovery takeover for months CNN
- Paramount Agrees to Delay Warner Bros. Merger for Months The New York Times
- Paramount agrees to delay WBD acquisition to as late as June 2027 amid legal challenge CNBC
- Paramount Skydance agrees to halt Warner Bros. merger until next June NBC News
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