State AGs finalizing antitrust lawsuit over Paramount–Warner Bros. Discovery merger

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Lawyers for several states are finalizing an antitrust lawsuit challenging Paramount’s pending acquisition of Warner Bros. Discovery, including CNN, according to people involved in the legal process.

The multistate suit will likely be filed next week, the sources told CNN, though the filing date is subject to change.

If the suit is filed, it could disrupt Paramount’s plan to take control of Warner later this summer. The company has been seeking to complete the deal in the coming weeks.

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