[BUSINESS]■ STORY TIMELINE
PARAMOUNT-WBD MERGER STALLED AS STATES PUSH LAWSUIT
A proposed merger between Paramount Global and Warner Bros. Discovery faces a significant delay as a multistate antitrust lawsuit advances toward trial. The legal challenge has successfully halted the deal's progress, marking what prosecutors call a critical victory.
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“Halting this merger while our case proceeds is a critical victory," NY AG said.