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Paramount Skydance agrees to freeze its WBD mega-merger while the antitrust cases are decided

Paramount Skydance agrees to freeze its WBD mega-merger while the antitrust cases are decided

Paramount Skydance pauses its merger with WBD until five days after the antitrust cases are ruled on, or until June 1, 2027, whichever comes sooner.

Ellison WBD 4x3

Paramount Skydance has agreed to pause its mega-merger with Warner Bros. Discovery until five days after the antitrust cases are ruled on, or until June 1, 2027, whichever comes sooner, the company said on Friday.

This story is developing. Check back for updates.

Read the original article on Business Insider