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Paramount, California AG discuss concessions including $1.5 billion investment, WSJ reports

Source: reuters.com

M&A & RestructuringRegulation & LegislationMedia & Entertainment
Paramount, California AG discuss concessions including $1.5 billion investment, WSJ reports

Paramount and California's attorney general are reportedly in advanced settlement negotiations that could include a $1.5 billion commitment to production investment in California. The potential concessions may help resolve regulatory issues, but the terms remain under discussion and no final agreement has been announced.

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