Calif. AG Bonta Says Settlement Is Not a 'Blessing' for Paramount Deal
Summary
California Attorney General Rob Bonta announced an antitrust settlement with Paramount Skydance that he says will protect jobs and remove a legal barrier to its acquisition of Warner Bros. Discovery. He stressed that the agreement does not amount to an endorsement of the merger.
The settlement clears a major obstacle, but Bonta is separating regulatory clearance from approval of
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The merger can advance without winning a broad public or political mandate.