Paramount has delayed its $110 billion acquisition of Warner Bros amid an ongoing probe by the Oregon attorney general’s office. The company had previously stated it would not close the deal before July 16, but has now pushed the timeline out to July 22.
The Oregon attorney general’s office is seeking a court order to delay the deal by 60 days, allowing the state to review records related to the acquisition. The office is investigating the potential impact of the deal on the state’s residents and businesses.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.