A “ticking fee” that could cost Paramount $7 million per day will kick in if the merger doesn’t close by late September.

A “ticking fee” that could cost Paramount $7 million per day will kick in if the merger doesn’t close by late September.

A California judge granted a temporary restraining order on the Paramount-WBD deal after state AGs cited "compelling evidence" of market concentration. A $650M/quarter ticking fee…