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Shares of Warner Bros Discovery and Paramount Skydance jumped on Monday after reports indicated Paramount and California's attorney general were in advanced settlement talks that could clear a key hurdle to the companies' $110 billion merger. Warner Bros rose 7.9% in premarket trading, while Paramount gained 6.8%, addi
Shares of Paramount Skydance and Warner Bros Discovery rose after the Wall Street Journal reported that Paramount Skydance is in advanced settlement talks with California's AG to clear their proposed merger. Concessions under discussion include a $1.5 billion investment in production in California and a commitment not