A legal battle over Paramount’s takeover of Warner Bros. Discovery, CNN’s parent company, is underway.
A coalition of 12 state attorneys general has filed an antitrust lawsuit and laid out their arguments; Paramount executives have pushed back hard, calling the suit “wrong on both the facts and the law.”
Now the states are asking for a temporary restraining order — a TRO, for short — and a preliminary injunction to freeze Paramount in place.
Here are some — partial, tentative, caveated! — answers to all the pressing questions about the deal.
It’s in the proverbial end zone. Regulators all around the world have signed off on the deal or at least chosen not to stand in the way.
