Paramount reaches deal with US states to settle case challenging Warner buyout, AP source says
Paramount reaches deal with US states to settle case challenging Warner buyout, AP source says
Skydance-owned Paramount reached a settlement Monday with a group of state attorneys general that had sued to challenge the company’s buyout of Warner Bros Discovery, effectively paving the way for the mega merger to move forward, a person familiar with the matter told the AP. The person was not authorizsed to speak publicly, and did so on condition of anonymity. Details of the settlement with the states were not immediately available, but were expected to be revealed later in the day.