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Paramount Skydance Rises 4% on 12-State Settlement, Warner Bros. Discovery Holds Flat as $110B Deal Nears Its Close
Source: 247wallst.com
M&A & RestructuringAntitrust & CompetitionMedia & EntertainmentLegal & Litigation
Paramount Skydance reached an antitrust settlement with 12 U.S. states, clearing the final major legal hurdle for what the article describes as the year’s largest media transaction. The resolution removes a material closing risk for the deal and is being viewed positively by Paramount Skydance shareholders.
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