Judge pauses Paramount Warner Bros. acquisition over competition concerns
U.S. District Judge Araceli Martínez-Olguín ordered Paramount Skydance to pause its acquisition of Warner Bros. Discovery through August 3 after several U.S. states argued the merger would harm competition. Martínez-Olguín said the group of states, which included California, New York, Colorado, and others, made a “str...