Paramount has agreed to hold off on finalizing its $110 billion takeover of Warner Bros. until at least July 22, according to the Oregon attorney general’s office — extending the expected closing date by one additional week.
The office of Oregon Attorney General Dan Rayfield filed a request in Multnomah County court on Wednesday, asking a judge to compel the company to turn over documents and pause the deal for 60 days while the state conducts its review.
Paramount had previously indicated to Oregon officials that it would not finalize the acquisition before July 16. However, during a preliminary hearing on Wednesday regarding the state’s request, the company pushed that date back further, according to Rayfield’s office.
