Reported by Yahoo Finance · finance.yahoo.com · July 28, 2026
Paramount Skydance had been pushing to close its $110 billion acquisition of Warner Bros. Discovery by the end of September. It picked the wrong month to be optimistic. A coalition of 12 state attorneys general sued to block the deal on July 13, a federal judge issued a temporary restraining order ...
What to watch: Warner Bros. Discovery Inc. (WBD, XYZ, PARA) is involved in M&A activity valued around $110 billion — deal terms and financing structure matter more than the headline here.
Market reaction today: $PARA -7.69%
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