Paramount and US states settle antitrust case over Warner Bros. acquisition
The agreement resolves a lawsuit brought by 12 states and a separate dispute involving the Writers Guild of America.
Paramount Skydance has settled an antitrust lawsuit brought by a dozen US states seeking to block its acquisition of Warner Bros., France 24 reported.
The company also reached a settlement with the Writers Guild of America. California’s attorney general said the agreement addressed concerns involving competition and protections but should not be read as an endorsement of the transaction.
The supplied excerpt does not list all settlement conditions or say when the acquisition will close. It indicates that major legal challenges have been resolved while officials continue to distinguish settlement from support for the merger itself.
Sources
- Paramount, US states settle antitrust lawsuit over Warner Bros. acquisition — France 24 — English
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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