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The $110 billion acquisition price for Warner Bros Discovery now faces no state-level legal block, a settlement that clears one of the final hurdles to closing the deal.
Paramount Skydance has resolved its dispute with California and 11 other states, removing the primary antitrust obstacle that threatened the combination.
The math around the timeline is simple: the settlement stops the clock on a $7 million daily fee Paramount owes Warner Bros shareholders for every day past September 30 that the deal remains unclosed.
The settlement terms The core of the agreement centers on content and financial commitments. Paramount has agreed to create independent editorial boards for both CNN and CBS.
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