Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros

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BBC Business

Paramount settles lawsuit with US states, helping clear way for $110bn merger with Warner Bros

Paramount has reached a settlement with the US states in a lawsuit challenging its $110bn merger with Warner Bros

21 Sept, 17:59

Guardian Business

Paramount settles lawsuits with 12 US states, clearing way for Warner merger

States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger Paramount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery (WBD), the California attorney general announced Monday, clearing the way to consolidate some of Hollywood’s most recognizable TV networks and studios under one owner. T…