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

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

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...

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)
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