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Paramount and state AGs will settle lawsuit, allowing Warner Bros. merger to proceed, reports say
2 sources
CNBC1h ago
Paramount and state AGs will settle lawsuit, allowing Warner Bros. merger to proceed, reports say
The antitrust lawsuit threatened to delay Paramount's acquisition until mid-2027 and to cost the company hundreds of millions of dollars in fees.
OriginalBusiness Day2h ago
Paramount to Resolve Antitrust Lawsuit, Clearing the Way for Warner Bros. Acquisition
The deal would remove the last significant hurdle the media mogul David Ellison faced to create a news and entertainment empire, home to movie studios, HBO, CBS and CNN.
Original