holding pattern

Paramount, in particular, was stuck in a bit of a holding pattern over the last year, as the company awaited confirmation of its new ownership and federal approval of its takeover by Ellison’s Skydance Media.

It departed at 13:11, but soon had to make a turn and flew in a holding pattern, landing back at Birmingham Airport at 13:58.

Like a lot of that administration, in the rear-view mirror it looks like a holding pattern in between two eruptions of widening chaos.

Skydance’s $8-billion takeover of Paramount has been in a holding pattern for months as the two companies wait for federal regulators’ approval.

The latest blip confirming long-proposed reforms held in a permanent holding pattern was the April sacking of Ju’Riese Colón, CEO of the U.S.