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HALO News Business Paramount reportedly nears settlement wi...
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Paramount reportedly nears settlement with states suing to block Warner Bros Discovery takeover

Paramount reportedly nears settlement with states suing to block Warner Bros Discovery takeover

Paramount Skydance Corp. has reportedly 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. "After a frenzied weekend of negotiations, $PSKY and state AGs have agreed to a settlement framework and an official deal announced this morning," FOX Business Network senior corresponden...

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