David Ellison slays foes of his $110bn goliath
Summary
Paramount Skydance has reached a settlement with U.S. states that challenged its proposed takeover of Warner Bros. Discovery. The agreement removes a major legal obstacle to the transaction.
The settlement strengthens David Ellison's path to building a combined media group valued at roughly
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The deal is closer to closing, but its scale will keep competition and integration concerns at the center of scrutiny.