A US judge has ordered a temporary pause on the merger between Paramount and Warner Bros. According to the terms of the merger agreement, Paramount could incur quarterly fees of $650 million if delays extend beyond September.
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US Judge Issues Temporary Hold on Paramount-Warner Bros Merger
A US judge has placed a temporary hold on the merger between Paramount and Warner Bros. The merger agreement stipulates that Paramount may face $650 million in quarterly fees if the delays continue past September.
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Original Headline
US judge orders pause on Paramount–Warner Bros merger
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US Judge Issues Temporary Hold on Paramount-Warner Bros Merger