Find XO: Paramount's Warner Deal Was Paused Not by Regulators but by the Court (reuters.com)

- The UK Competition and Markets Authority approved Paramount SkyDance's acquisition of Warner Bros. Discovery on August 6, but the deal remained stalled that day. - This is because a U.S. federal court halted the transaction from July 23 until August 17. - No matter how many approval stamps are collected, the closing date is determined by the procedure that concludes last. - If you're the seller, it's wise to decide in the contract where to place the value of employees and customers who might leave between signing and closing.