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Warner Bros, Paramount rise on report California settlement talks could clear merger hurdle
Source: reuters.com
M&A & RestructuringMedia & EntertainmentRegulation & Legislation
Warner Bros Discovery and Paramount Skydance shares rose after reports that Paramount and California's attorney general are in advanced settlement discussions. A settlement could remove one of the final regulatory hurdles to the companies' proposed $110 billion merger, materially increasing confidence in deal completion.
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