Judge Temporarily Blocks Paramount-warner Deal

Dow Jones

07/21

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. 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. 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