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PSKY Stock Ends Third Week Lower — Paramount Agrees To Pause $110B Warner Bros. Merger Amid Legal Challenges
in5points
Paramount Skydance agreed to pause its $110 billion merger with Warner Bros. Discovery
The merger delay extends until at least June 2027
Pershing Square Tontine Holdings (PSKY) stock ended its third consecutive week lower
Legal challenges prompted the agreement to delay the acquisition
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Rajeev Chandrasekhar / Jupiter Capital interests historically