Hearing Set For State AG Motion To Halt Paramount

Hearing Set For State AG Motion To Halt Paramount

Deadline entertainment

Key Points:

  • A federal court has scheduled a hearing for Friday to consider an emergency motion by a dozen state attorneys general seeking to temporarily halt Paramount's proposed merger with Warner Bros. Discovery.
  • The states are requesting a temporary restraining order to pause the merger while their antitrust lawsuit is ongoing.
  • U.S. District Judge P. Casey Pitts, appointed by President Joe Biden, was assigned the case and set the hearing for 10 a.m. PT, with a deadline of noon Thursday for Paramount to oppose the TRO.
  • The states want a ruling by July 22, warning that the merger could close after that date, which coincides with the expected European Union decision on the deal, following U.S. Justice Department approval.

Trending Business

Trending Technology

Trending Health