Paramount says it will pause its Warner acquisition while legal challenges play out

Jae C. Hong/Associated Press

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The blockbuster merger of Paramount and Warner Bros. Discovery is on hold — possibly for many months — as two legal challenges to the $111 billion deal play out in court.

In a legal filing in federal court in California on Friday, Paramount says it has agreed not to take any steps to acquire Warner until June 1, 2027,

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