Judge approves Paramount's settlement, clearing path for Warner Bros. merger

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Summary

A federal judge approved a settlement between Paramount and California and other states on Wednesday, clearing a legal hurdle that had opposed the company's merger with Warner Bros. Discovery. Paramount said it plans to close the merger on October 4. The settlement resolved the states' challenge to the deal, allowing it to proceed.

Left-leaning

Paramount-Warner Bros. merger moves forward after judge approves settlement | CNN BusinessCNN · Sep 30, 5:18 PM

Center

Judge approves Paramount's settlement with states over Warner buyout, allowing merger to soon closeAssociated Press · Sep 30, 7:13 PM
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Paramount-Warner Bros. Deal Cleared Despite Merger OppositionForbes · Sep 30, 8:32 PM