A U.S. district judge temporarily halted the Paramount Skydance-Warner Bros. Discovery merger on Monday, after a coalition of states sued to block the deal. The temporary restraining order will remain in effect for 14 days, with a hearing set for Aug. 3. The states’ lawsuit “presented compelling evidence that the combined firm resulting from the … Read more
Temporary restraining order granted to block Paramount Skydance-Warner Bros. merger – CBS News Watch CBS News A judge has granted a temporary restraining order to temporarily block the Paramount Skydance-Warner Bros. Discovery merger from happening. CBS News’ Jake Rosen reports. Paramount Skydance is the parent company of CBS News. Source link
Paramount Skydance’s takeover of Warner Bros. Discovery hit a roadblock Monday after a federal judge temporarily paused the proposed merger, granting a request from a coalition of 12 state attorneys general who sued to thwart the $110 billion deal. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. … Read more
New Jersey Democratic Sen. Corey Booker grilled Acting Attorney General Todd Blanche about his meeting with Jeffrey Epstein ally and convicted criminal Ghislaine Maxwell during a Senate panel hearing on Capitol Hill on Wednesday. Booker also pressed Blanche about attending a dinner hosted by David Ellison, the CEO of Paramount Skydance, as a Paramount-Warner Bros. … Read more
A coalition of a dozen states on Monday sued to block Paramount Skydance’s acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation’s largest media companies. Paramount Skydance is the parent company of CBS News. CBS News’ Jo Ling Kent reports. Source link
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing 12 states file lawsuit to block $110 billion Paramount-Warner Bros. merger 02:04 UP NEXT ‘All You Can Eat’ Meals Return at Olive Garden, Applebee’s, More 04:04 Hasbro launches floral Play-doh for adults seeking hands-on hobbies and nostalgia 01:28 … Read more
A coalition of a dozen states on Monday sued to block Paramount Skydance’s acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation’s largest media companies. Attorneys general from the 12 states, led by California Attorney General Rob Bonta, claim that the merger would … Read more
House lawmakers began their July 4th recess early on Tuesday after some GOP members blocked Speaker Mike Johnson from merging the SAVE America Act with the annual defense policy bill, known as the National Defense Authorization Act. CBS News congressional correspondent Nikole Killion has more. Source link
SpaceX officially went public on Friday, making history as the largest initial public offering of all time and making Elon Musk a trillionaire. Also on Friday, the Justice Department gave the green light for a merger between CBS News’ parent company, Paramount Skydance, and Warner Bros. Discovery. Jo Ling Kent has more. Source link
The Justice Department has given the merger between CBS News’ parent company, Paramount Skydance, and Warner Bros. Discovery the green light. CBS News MoneyWatch correspondent Kelly O’Grady has the latest. Source link