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Benzinga
Benzinga
Business
Namrata Sen

Paramount's $110 Billion Warner Bros. Deal Keeps Getting Delayed Despite DOJ Approval— Now Oregon Wants 60 Days to Take a Closer Look

Paramount Warner Bros DOJ Oregon Dan Rayfield Discovery PSKY WBD
New,York,,Ny,,Usa,-,July,3,,2022:,Paramount,Logo

The $110 billion acquisition of Warner Bros. Discovery (NASDAQ:WBD) by Paramount Skydance Corporation (NASDAQ:PSKY) has reportedly been delayed by a week due to an ongoing investigation by the Oregon attorney general’s office.

Paramount will not finalize its acquisition of Warner Bros until July 22. The Oregon attorney general’s office revealed this decision on Wednesday, extending the deal’s closure by an additional week, Reuters reported on Thursday.

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