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Judge approves Paramounts settlement with states over Warner buyout, allowing merger to soon close

CHICAGO (AP) — A federal judge has now granted Paramount’s settlement agreement with 12 states that sued over the company’s takeover of Warner Bros. Discovery, allowing the companies to soon close their $81 billion mega merger. In a Wednesday order, U. S. District Judge Araceli Martínez-Olguín ruled that the proposed consent decree was a “fair, reasonable, and good faith approach to address the competitive harms” alleged by the states' lawsuit. Paramount previously called the the 5...

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