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News 2026-10-07 02:44 UTC

A High-Stakes Gambit Clinched Paramount's Warner Deal -- WSJ

By Joe Flint David Ellison was on the ropes. It was late July, and a judge had handed down a temporary restraining order halting the media mogul's $81 billion deal to combine his Paramount entertainment company with the much larger Warner Bros. Discovery -- an early setback in his antitrust battle with 12 state attorne