A federal judge has granted Paramount's settlement agreement with 12 states that sued over the company's takeover of Warner Bros. Discovery, allowing the companies to soon close their $81 billion megamerger.
A federal judge has granted Paramount's settlement agreement with 12 states that sued over the company's takeover of Warner Bros.
Discovery, allowing the companies to soon close their $81 billion megamerger.
District Judge Araceli Martínez-Olguín ruled that the proposed consent decree was a "fair, reasonable, and good faith approach to address the competitive harms" alleged by the states' lawsuit.
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A federal judge has granted Paramount's settlement agreement with 12 states that sued over the company's takeover of Warner Bros. Discovery, allowing the companies to soon close their $81 billion megamerger. District Judge Araceli Martínez-Olguín ruled that the proposed consent decree was a "fair, reasonable, and good faith approach to address the competitive harms" alleged by the states' lawsuit.
The companies now expect to complete the deal on Oct.
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