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Paramount said it will not close its $110 billion acquisition of Warner Bros. Discovery before July 22 as Oregon seeks records and a 60-day delay to review the deal.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Paramount said it will not close its $110 billion acquisition of Warner Brothers
00:06before July 22, according to Reuters. The update pushes the timeline for the deal's
00:12closure by another week. Oregon Attorney General Dan Rayfield's office is asking a Multnomah
00:16County court to order Paramount to hand over records and delay the deal by 60 days while
00:21the state reviews them. Paramount had previously told Oregon that it would not close the deal
00:26before July 16. At a preliminary hearing on Wednesday, the company amended that timeline,
00:32Rayfield's office said. For all things money, visit Benzinga.com.
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