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Paramount and Warner Bros. shares rise on California settlement talks report

The Wall Street Journal reported Paramount discussed potential concessions with California’s attorney general to clear the $81 billion merger with Warner Bros. Discovery.

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Shares of Paramount Skydance and Warner Bros. Discovery moved higher after The Wall Street Journal reported that Paramount has discussed possible concessions with California's attorney general to clear the $81 billion merger between the two companies. Paramount shares were up 6…