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Paramount-WBD Merger Opponents Cheer Legal Delay, Stocks Slide As Industry Absorbs Latest Plot Twist

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After Friday’s delay in the Paramount-WBD antitrust lawsuit, shares of both media companies slid in after-hours trading, foes of the merger exulted and observers tried to process the latest twist in the merger saga. California Attorney General Rob Bonta hailed the agreement, under which Paramount pledged not close the

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NYT BusinessParamount Agrees to Delay Warner Bros. Merger for MonthsDWParamount agrees to delay Warner Bros. merger amid lawsuit
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