Paramount has agreed to pause its merger with Warner Bros. Discovery until several big lawsuits come to a resolution, a report says.
On Monday, a federal judge suggested that the $81 billion merger be temporarily halted for at least two weeks as activist lawsuits continue to plague the deal.
Now, Paramount has agreed to put the deal on ice until at least June 1, 2027, or until the lawsuits are concluded, according to Deadline.
The biggest issue is the lawsuit spearheaded by California’s Democrat Attorney General Rob Bonta, who is leading a 12-state coalition in a lawsuit aimed at squashing the proposed merger. Other states in the filing include…
Read the full article at BREITBART.COM
