00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Oregon's attorney general withdrew a court motion seeking to delay Paramount's proposed
00:07$110 billion acquisition of Warner Brothers Discovery, according to Reuters.
00:12The state had asked Paramount to provide records and postpone the deal by 60 days while regulators
00:17reviewed the transaction. Oregon is seeking documents related to Project Warrior,
00:22Paramount's internal effort to secure regulatory approval, and its lobbying of the Trump
00:27administration. Paramount welcomed the decision and called the merger lawful and pro-competitive.
00:32The deal has drawn criticism over potential job losses and could face legal challenges
00:36from other states over competition concerns. For all things money, visit Benzinga.com.
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