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Paramount-Warner Bros. merger settles state antitrust lawsuit for $1.5B commitment
Paramount and Warner Bros. Discovery shares surge 10%
1 Sep 21 12:55 PM · 5d ago · 2 articles · 1 post · 2 sources · development 1 of 1
Stock markets react positively to the settlement news, with both companies' shares rallying during Monday trading.
“The agreement attempts to address concerns that the $110 billion merger would create a dominant force in the theatrical film and cable channel markets”
The Wrap · memeorandum ↗David Ellison Paramount Skydance CEOCalifornia Governor Gavin Newsom State executive12 state attorneys general Antitrust enforcersWarner Bros. Discovery Merger target
Writers' Guild of America Labor union
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Sep 22Sep 23Sep 24yesterdaynow · 1:40 PM ET
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first by The Wrap, 4d ago
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