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Paramount Skydance Wins Court Approval for $110B Warner Bros. Discovery Takeover

A California federal judge approved a settlement resolving a state-led antitrust lawsuit, clearing the path for Paramount Skydance Corp. to complete its $110 billion acquisition of Warner Bros. Discovery Inc.

PSKYWBD

A California federal judge on Wednesday cleared the way for Paramount Skydance Corp. (PSKY) to complete its $110 billion acquisition of Warner Bros. Discovery Inc. (WBD), approving a settlement that resolves a state-led antitrust lawsuit.