Paramount Settles States’ Lawsuit, Paving Way for Warner Bros. Acquisition
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Paramount has agreed to resolve a lawsuit brought by several states, removing the final major obstacle for media mogul David Ellison's acquisition of Warner Bros. This deal would enable Ellison to consolidate a vast news and entertainment empire including movie studios, HBO, CBS, and CNN.
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PRISM scored this story 65/100 for interest.
Originally published by nyt