Business Insider
Business Insider
US · 7 hrs ago

Paramount's WBD deal is on pause after judge orders a merger delay

David Ellison, the Paramount Skydance CEO, ran into a roadblock after a lawsuit from California Attorney General Rob Bonta. Valerie Macon / AFP via Getty Images; Mel Melcon / Los Angeles Times via Getty Images A judge just issued a temporary restraining order pausing Paramount Skydance's acquisition of WBD. California and 11 other states filed a lawsuit against Paramount over its WBD deal. Next, the judge will decide whether to issue a preliminary injunction, which would further delay the…
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