UPDATED: Supreme Court Justice Elena Kagan denied an last-minute effort to halt Paramount‘s merger with Warner Bros. Discovery, a transaction that is scheduled to close on Tuesday.
Kagan’s denial of a petition was entered into the docket without comment.
In a filing earlier on Monday, the petitioners — Pamela Faust, Len Marazzo, Lisa McCarthy, Deborah Rubinsohn and Gary Talewsky — argued that the merger was still anticompetitive, even with the conditions put in place by the settlement of the state attorneys general lawsuit last month.
“The States’ settlement itself requires that the combined company not sell or close
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