Paramount in advanced talks with California AG over antitrust
WSJ reports Paramount is in advanced settlement talks with California officials to resolve the antitrust lawsuit blocking its $81 billion acquisition of Warner Bros. Discovery, citing people familiar with the matter.
Paramount is in advanced settlement talks with California officials aimed at resolving the antitrust lawsuit that is blocking the company's $81 billion deal to acquire rival Warner Bros. Discovery, according to people familiar with the matter. A dozen Democratic-led states, led by California, had sued to challenge the transaction.