Judge approves Paramount’s settlement with states over Warner buyout, allowing merger to soon close
A federal judge approved a settlement between Paramount and 12 states regarding the company's acquisition of Warner Bros. Discovery. This ruling allows the $81 billion merger to proceed toward completion.
CHICAGO (AP) — A federal judge has now granted Paramount’s settlement agreement with 12 states that sued over the company’s takeover of Warner Bros. Discovery, allowing the companies to soon close their $81 billion mega merger. In a Wednesday order, U.S. District Judge Araceli Martínez-Olguín ruled that the proposed consent decree was a “fair, reasonable,...
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