Judge Allows Paramount to Complete $110 Billion Purchase of Warner Bros.
· Telemundo McAllen (KTLM)
A California judge formally approved on Wednesday the agreement between Paramount Skydance and California and other states, the last hurdle needed for the completion of its acquisition of Warner Bros. Discovery for $110 billion. The massive merger will bring together companies like CBS News and CNN, HBO Max and Paramount+, as well as the historic film studios Warner Bros. and Paramount Pictures. After the deal was approved by the U.S. Department of Justice, the European Commission, and dozens of other countries around the world, the process was stalled by a lawsuit led by California's Democratic Attorney General, Rob Bonta.
AI summary · Source: Telemundo McAllen (KTLM) →
