Paramount and California AG Bonta Reportedly in ‘Advanced Talks’ to Settle Antitrust Suit
Summary
Paramount Skydance is reportedly in advanced talks with California Attorney General Rob Bonta to settle a 12-state antitrust lawsuit that is delaying its proposed takeover of Warner Bros. Discovery. Neither side confirmed the negotiations, which remain confidential.
A settlement could remove a major legal obstacle to Paramount Skydance's Warner Bros. Discovery deal,
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A settlement could determine whether one of the entertainment industry's biggest proposed mergers can proceed.