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Paramount settles lawsuits, allowing for Warner Bros. deal
Source: Bloomberg
M&A & RestructuringLegal & LitigationMedia & EntertainmentRegulation & Legislation
Paramount Skydance settled lawsuits filed by 12 state attorneys general and the Writers Guild, removing a key obstacle to closing its $110 billion acquisition of Warner Bros. Discovery. The settlements materially improve execution certainty for the historic media-sector deal, although final closing details and any settlement terms were not disclosed.
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