World
Paramount reaches an agreement with state prosecutors to unlock Warner's purchase
A dozen prosecutors had filed a lawsuit to try to stop the corporate operation because they considered it to be in breach of competition rules.
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Warner Bros
Entertainment
Paramount Settles Antitrust Case With State AGs, Removing Obstacle to Warner Bros. Deal
Paramount has reached a deal with 12 state attorneys general that removes a major obstacle to closing its acquisition of Warner Bros. Discovery. The deal comes just before the company was to begin accruing a $7 million daily “ticking fee” on Oct. 1, which was seen as an important milestone in the case. Bloomberg was […]