12 US States Sue to Block $111 Billion Paramount/Warner Bros. Merger
A coalition of 12 Democratic states, including California, New York, and Washington, filed a lawsuit on Monday to block Paramount's $111 billion acquisition of Warner Bros. Discovery. The legal action represents the most serious challenge yet to one of the largest media mergers in history.
Key facts
- 12 Democratic states filed a lawsuit
- States include California, New York, and Washington
- Lawsuit filed Monday
- Targets Paramount's $111 billion acquisition of Warner Bros. Discovery
- Most serious legal challenge to date for the deal
Entities
Institutions
- Paramount
- Warner Bros. Discovery
- The New York Times
Locations
- California
- New York
- Washington