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Paramount In Advanced Settlement Talks With California’s Attorney General
Reported terms would keep the studios separate for a period as Paramount seeks to avoid divestitures and a $7 million-per-day fee.
Summary by Ground News
Paramount is in advanced settlement talks with California officials aimed at resolving the antitrust lawsuit that stands in the way of the company’s $81 billion deal to acquire rival Warner Bros. Discovery, according to people familiar with the matter.