Paramount Skydance Corp. reached a settlement with the states seeking to block its proposed takeover of Warner Bros. Discovery Inc., clearing the way for a historic Hollywood merger. California Attorney General Rob Bonta led a group of state attorneys general who filed a lawsuit challenging the massive $111 billion deal that was initially expected to close during the third quarter of this year. On Monday, Paramount announced that a deal had been reached. "Our shared aim was an outcome that best serves consumers, workers and — most importantly — the creative community so vital to the art of vis...