Judge Temporarily Blocks Paramount-warner Deal

Dow Jones

Jul 21

The $81 billion merger of Paramount and Warner Bros. Discovery has hit its first major speed bump.

On Monday, a California federal judge granted a temporary restraining order prohibiting the companies from closing the deal while the court considers whether the merger should remain blocked pending the resolution of an antitrust challenge brought by a dozen states.

The 14-day restraining order means Paramount will fall short on its hopes to have the deal closed before the end of the month. If the court later grants the states a preliminary injunction, the companies would be barred from closing the merger while the states' antitrust lawsuit proceeds.

Updates to follow as news develops.

Write to Joe Flint at Joe.Flint@wsj.com

(END) Dow Jones Newswires

July 20, 2026 13:22 ET (17:22 GMT)

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Discovery has hit its first major speed bump. \n</p>\n<p>\n  On Monday, a California federal judge granted a temporary restraining order prohibiting the companies from closing the deal while the court considers whether the merger should remain blocked pending the resolution of an antitrust challenge brought by a dozen states. \n</p>\n<p>\n  The 14-day restraining order means Paramount will fall short on its hopes to have the deal closed before the end of the month. 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Discovery has hit its first major speed bump. \n</p>\n<p>\n  On Monday, a California federal judge granted a temporary restraining order prohibiting the companies from closing the deal while the court considers whether the merger should remain blocked pending the resolution of an antitrust challenge brought by a dozen states. \n</p>\n<p>\n  The 14-day restraining order means Paramount will fall short on its hopes to have the deal closed before the end of the month. If the court later grants the states a preliminary injunction, the companies would be barred from closing the merger while the states' antitrust lawsuit proceeds. \n</p>\n<p>\n  Updates to follow as news develops. \n</p>\n<p>\n  Write to Joe Flint at Joe.Flint@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 20, 2026 13:22 ET (17:22 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4125","symbol_name":"广播","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653210307","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653210307","pubTimestamp":1784568120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The $81 billion merger of Paramount and Warner Bros. 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If the court later grants the states a preliminary injunction, the companies would be barred from closing the merger while the states' antitrust lawsuit proceeds.Updates to follow as news develops.Write to Joe Flint at Joe.Flint@wsj.com Dow Jones NewswiresJuly 20, 2026 13:22 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4125":"广播","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","BK4598":"佩洛西持仓","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4194":"办公房地产投资信托","BK4588":"碎股","BK4108":"电影和娱乐","BK4223":"办公室房地产信托","PGRE":"Paramount Group","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","BK4585":"ETF&股票定投概念","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","WBD":"WARNER BROS DISCOVERY INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金"},"translate_title":"法官暂时阻止派拉蒙与华纳的交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PGRE":1.5,"WBD":0.9},"content_text":"The $81 billion merger of Paramount and Warner Bros. Discovery has hit its first major speed bump. \n\n\n  On Monday, a California federal judge granted a temporary restraining order prohibiting the companies from closing the deal while the court considers whether the merger should remain blocked pending the resolution of an antitrust challenge brought by a dozen states. \n\n\n  The 14-day restraining order means Paramount will fall short on its hopes to have the deal closed before the end of the month. If the court later grants the states a preliminary injunction, the companies would be barred from closing the merger while the states' antitrust lawsuit proceeds. \n\n\n  Updates to follow as news develops. \n\n\n  Write to Joe Flint at Joe.Flint@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 20, 2026 13:22 ET (17:22 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}