Oregon Attorney General Seeks 60-Day Delay and Documents in Paramount-WBD Merger Case
Oregon's attorney general is seeking a 60-day delay of Paramount's proposed acquisition of Warner Bros. Discovery, along with a court order for the company to produce documents related to the merger. A hearing is scheduled in Multnomah County Circuit Court. The legal action comes as Paramount awaits European regulatory approval, with a deadline of July 22 for an EU decision. In the UK, Culture Secretary Lisa Nandy has indicated she is "minded to intervene" but has not yet made a formal decision.
Key quotes
Oregon's attorney general is asking a judge to delay Paramount's closing of its proposed acquisition of Warner Bros. Discovery by 60 days
The company has said that it won't close the deal before July 22, which is the deadline for an EU decision
UK Culture Secretary Lisa Nandy has said she is 'minded to intervene,' but has not announced a formal decision
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