The bidding war for Warner Bros. Discovery was won by Paramount Skydance, which forced Netflix to drop out. The deal has however been put on hold by a judge.
Twelve US state attorneys general requested a temporary restraining order to block Paramount Skydance from closing the deal, and US District Judge Araceli Martinez-Olguin of the Northern District of California granted the request.
The deal is now effectively on hold for the next 14 days. On August 3, the judge will hold a hearing on the state attorneys general’s motion for a preliminary injunction, which would freeze the deal until…
The bidding war for Warner Bros. Discovery was won by Paramount Skydance, which forced Netflix to drop out. The deal has however been put on hold by a judge.
Twelve US state attorneys general requested a temporary restraining order to block Paramount Skydance from closing the deal, and US District Judge Araceli Martinez-Olguin of the Northern District of California granted the request.
The deal is now effectively on hold for the next 14 days. On August 3, the judge will hold a hearing on the state attorneys general’s motion for a preliminary injunction, which would freeze the deal until… Read More GSMArena.com – Latest articles
