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Oregon D.A. Drops Motion to Delay Paramount-Warner Bros. Merger
The Oregon attorney general’s office has withdrawn its motion to delay the closing of the Paramount-Warner Bros. merger, according to a filing submitted Friday in the Multnomah County Circuit Court in Portland, Ore.
AI Summary
The Oregon attorney general's office has withdrawn its motion to delay the Paramount-Warner Bros. merger. This decision comes as several states, including Oregon and California, continue to investigate the $111 billion deal. The investigation's focus is on determining whether the merger complies with state laws. The withdrawal of the motion to delay the merger suggests that the deal may proceed as planned, with a possible closing date of July 22.
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