A Delaware judge on Thursday declined to issue an order to temporarily halt the merger between Paramount Global and Skydance Media. But in the ruling, Chancellor Kathaleen McCormick agreed to set a “break-neck pace” for an investor suit that seeks to block the deal in favor of a competing bid from Project Rise Partners.

A Delaware judge agreed to expedite a suit by a group New York City pension funds against Paramount and Skydance but denied ti block the merger.

A judge in Delaware Chancery Court calls for the case to be completed before FCC review of the merger finishes in early April The post Judge Denies Request to Block Paramount-Skydance Merger, But Expedites Shareholder Lawsuit appeared first on TheWrap.