The U.S. Supreme Court denied an emergency bid to block Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery late Monday, hours after the request was filed, helping clear the way for what is expected to be one of the largest media mergers ever.
Justice Elena Kagan, who handles emergency appeals from California, denied the request in an unsigned order. She did not refer the application to the full court or explain her ruling. Because she acted alone, Supreme Court rules allow the unsuccessful parties to present the emergency application to another justice, though such a tactic rarely changes the outcome.
We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
Read Full Article: https://www.theepochtimes.com/us/supreme-court-nixes-last-ditch-effort-to-block-paramount-merger-6099942/?utm_source=partner&utm_campaign=whatfinger