Oregon’s attorney general’s office withdraws legal actions related to the proposed Paramount–Warner Bros. Discovery merger, according to filings and statements reported by multiple outlets. The Oregon Department of Justice had previously sought to delay the merger’s closing and issued a civil investigative demand (CID) asking Paramount to provide records connected to the company’s efforts to secure federal approval. On Friday, Oregon withdrew its motion to delay the deal in Multnomah County Circuit Court in Portland. The merger could proceed and close as early as July 22, though the timing remains subject to ongoing regulatory review. The reports also note that several states—including Oregon and California—are investigating whether the approximately $111 billion transaction complies with antitrust and other state interests. While Oregon’s court motion and records demand are dropped, other state investigations and federal review processes continue, and the merger’s final approval is still dependent on regulators.
Oregon AG withdraws motion and records demand tied to Paramount–Warner Bros. Discovery merger
Oregon’s attorney general’s office withdraws legal actions related to the proposed Paramount–Warner Bros. Discovery merger, according to filings and statements reported by multiple outlets. The Oregon...
- Oregon’s attorney general withdraws a court motion seeking to delay the Paramount–Warner Bros. Discovery merger.
- Oregon also drops a civil investigative demand seeking records from Paramount related to federal approval efforts.
- The merger could close as soon as July 22, according to court-related reporting.
- Multiple states, including Oregon and California, continue investigating the merger.
- The transaction is reported at about $111 billion.
Oregon’s attorney general has dropped a civil investigative demand for Paramount to turn over records related to its efforts to secure federal approval for its merger with Warner Bros. Discovery, the company said on Friday. Oregon Attorney General Dan Rayfield also had asked a state circuit court judge to order Paramount to turn over the […]
2 hours agoThe Oregon attorney general’s office has withdrawn its motion to delay the closing of the Paramount-Warner Bros. merger, according to a filing submitted Friday in the Multnomah County Circuit Court in Portland, Ore. The deal could close as soon as July 22, though several states, including Oregon and California, are investigating whether the $111 billion […]
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