The pause on Paramount Skydance’s (PSKY) proposed $110B takeover of Warner Bros. Discovery (WBD) has been extended tot August 17 from August 3 by U.S. District Judge Araceli Martinez-Olguin, Bloomberg’s Josh Sisco reports. The judge is still slated to hold a hearing on August 3 over whether to delay the transaction further pending the outcome of a trial to block the deal entirely, the author notes.
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