Business
Paramount settles lawsuit with US states, clearing way for $110bn merger with Warner Bros
The deal includes an agreement to produce 30 films a year, or Paramount will be forced to sell off parts of its company.
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Warner Bros
World
Paramount settles with US states, union to win Warner Bros takeover
Ellison-led Paramount will avoid daily $7m fee if the $110bn Warner Bros merger closes by September 30.
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.
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 […]