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Oregon Withdraws Bid to Delay Paramount-Warner Merger as Closing Looms
business1 month ago

Oregon Withdraws Bid to Delay Paramount-Warner Merger as Closing Looms

The Oregon Attorney General withdrew its motion to delay the closing of the $111 billion Paramount-Warner Bros. merger, which could close as soon as July 22 even as several states review the deal for antitrust issues. The AG had asked for a 60-day extension to investigate and sought records about Paramount Skydance and the “Project Warrior” effort, but the motion was dropped after Paramount argued the requests were irrelevant. The ruling clears the path for closing, with Paramount noting global regulators have largely cleared the deal or found no competition concerns, while Oregon remains open to next steps as other regulators continue their reviews.