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The $111 billion price tag on the Warner Bros. Discovery deal now clears a major legal hurdle. Paramount appears to have settled a suit filed by 12 states that challenged the transaction.
The resolution removes a significant obstacle to the merger. | Entity | Action | Status | |---|---|---| | Paramount | Settled suit | Appeared to resolve | | 12 States | Challenged deal | Lawsuit settled | | Warner Bros.
Discovery | Merger target | $111 billion deal | The math of the transaction is simple. The stated value is $111 billion. The source does not provide a per-unit price or a share count.
The ratio of the settlement to the deal value is not disclosed. The controlling figure remains the total enterprise value. Legal Resolution Twelve states brought the challenge.
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