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BUSINESSWPLN News·2d ago

Paramount makes concessions to salvage $111 billion Warner Bros. Discovery deal

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AI TLDR · GEMINI

Paramount's owners reached a settlement with 12 Democratic state attorneys general to save a $111 billion merger with Warner Bros. Discovery. The agreement involves concessions to resolve a lawsuit that previously threatened the deal.

Paramount's owners have made concessions to 12 Democratic state attorneys general to settle a lawsuit that endangered the media company's bid for its larger Hollywood rival, Warner Bros. Discovery.

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