Antitrust TRO Could Pause Paramount-Warner Merger

Executives at Paramount and Warner Bros. Discovery fear a judge will grant a temporary restraining order blocking their $110 billion deal after 12 Democratic state attorneys general filed antitrust suits, potentially delaying close by weeks and risking a ticking-fee deadline that could push completion into October. Regulators including the DOJ have previously approved the merger, but the TRO would keep CNN ownership and other deal provisions in limbo while multiple lawsuits unfold, with Paramount vowing to appeal if blocked.