Warner Bros, Paramount Shares Jump on Merger Settlement Hopes
Shares of Warner Bros Discovery and Paramount Skydance surged in premarket trading on Monday after a report indicated that Paramount and California’s attorney general were in advanced settlement talks. A potential agreement could resolve...
California, 11 States Sue to Block Paramount-Warner Bros. Discovery Merger
California and 11 other U.S. states have filed an antitrust lawsuit seeking to block Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery, arguing the merger would create an entertainment giant with excessive control...