PSKY, WBD shares jump after-hours as settlement talks progress
WSJ says Paramount Skydance is in advanced talks with California officials to settle an antitrust lawsuit blocking its bid for Warner Bros. Discovery.
Paramount Skydance (PSKY) is in advanced settlement talks with California officials to resolve an antitrust lawsuit blocking its bid for Warner Bros. Discovery, The Wall Street Journal reported Friday, citing people familiar with the matter. S. legal obstacle to the deal.