Paramount settles with US states in big step towards closing Warner Bros merger, source says Key points and original sources are listed below.
- The agreement brings an end to months of legal back and forth between both sides thewrap.com/">TheWrap.S3
- The gains came after reports that Paramount is nearing a potential settlement with California Attorney General Rob Bonta and other states that have challenged the proposed merger on antitrust grounds.S4
- Opponents of the merger had opposed the settlement talks, urging attorneys general not to “cave.”S5