Oregon to ask court to delay Paramount deal for 60 days while it reviews records

The Oregon attorney general will ask a court to pause Paramount’s PSKY

The Oregon attorney general will ask a court to pause Paramount’s PSKY.O $110 billion bid to acquire Warner Bros. WBD.O for 60 days, saying on Tuesday that the company withheld records of its lobbying efforts.

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While Paramount has told the state it will not close the deal before July 16, Attorney General Dan Rayfield said he will ask a Multnomah County court to order the company to hand over records and to delay the deal so the state can review them.

“We’re not going to let Paramount Skydance play hide the ball so they can rush through their massive merger,” Rayfield said in a statement. “Oregonians have a real stake in this deal – in our film industry, in our economy, in the choices they’ll have as consumers.”

https://www.nbcnews.com/business/media/oregon-ask-court-delay-paramount-deal-60-days-reviews-records-rcna353449


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