The judge overseeing the state attorneys general challenge to the Paramount–Warner Bros. Discovery merger did not issue a ruling on an emergency motion to pause the transaction, but said that she would do so by July 22.
U.S. District Judge Araceli Martínez-Olguín heard arguments from both sides in an 80-minute hearing in Oakland on Friday. The states are seeking a temporary restraining order that would bar the companies from closing the deal for up to 28 days. That would be a prelude to a further ruling on a preliminary injunction, which would perhaps pause the transaction indefinitely, or until the
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