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Paramount Set to Settle Lawsuits, Clearing Way for Warner Bros. Deal

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Paramount Skydance Corp. has reached a settlement with California and other states that were suing to stop its proposed acquisition of Warner Bros. Discovery Inc., according to a person familiar with the matter. Talks took place over the weekend. The official deal is expected to be announced Monday.

Paramount Skydance Corp. has reached a settlement with California and other states that were suing to stop its proposed acquisition of Warner Bros. Discovery Inc., according to a person familiar with the matter. Talks took place over the weekend. The official deal is expected to be announced Monday. Bloomberg's Chris Palmeri reports from Los Angeles. (Source: Bloomberg)
Paramount Set (ORG) Clearing Way (ORG) Warner Bros. (ORG) Paramount Skydance Corp. (ORG) California (LOCATION) Warner Bros. Discovery Inc. (ORG) Bloomberg (ORG) Chris Palmeri (PERSON) Los Angeles (LOCATION)
Originally published by Bloomberg Markets Read original →