BUZZ-Paramount delays Warner Bros deal closing to July 22 amid Oregon probe; shares fall

Paramount Skydance
Warner Bros Discovery

Paramount Skydance

PSKY

0.00

Warner Bros Discovery

WBD

0.00

** Paramount Skydance's PSKY.O shares fall ~8% to $8.98

** Co has said it will not close its $110 billion acquisition of Warner Bros WBD.O before July 22 - Oregon Attorney General Dan Rayfield's office on Wednesday, delaying the deal by a week

** Oregon AG asked a court in Multnomah County on Wednesday to hand over records ​and delay the deal by 60 days so the state can review them

** Including session's moves, stock down ~33% YTD