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States Sue to Block Paramount-Warner Bros. Merger, Defying DOJ

Twelve U.S. states are suing to block a $110 billion merger between Paramount and Warner Bros. Discovery, defying the Department of Justice.

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14950Jul 13 20:29Jul 14 00:29 UTC

The brief

Twelve states have filed lawsuits to prevent Paramount from taking over Warner Bros. This legal action comes despite the position of the DOJ.

California Attorney General Rob Bonta is leading the effort and seeking a delay of the deal. Coverage from BBC News, Variety, and Fox Business emphasizes the scale of the $110 billion mega-merger.

According to reports from Fox Business, Paramount advisers are currently pushing for a California exit in response to the state's lawsuit. Future developments center on the efforts of California's attorney general to delay the process and whether Paramount advisers will successfully secure an exit from the state.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1h ago.

Quick answers

How many states are suing to block the merger?

Twelve states have filed lawsuits to block the takeover.

What is the estimated value of the merger?

The merger is valued at $110 billion.

Who is leading the legal challenge?

California Attorney General Rob Bonta is leading the lawsuit.

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