US judge allows Paramount to close Warner Bros acquisition
30/09/2026 20:24
US judge allows Paramount to close Warner Bros acquisition Sept 30 (Reuters) - A US judge entered an order on Wednesday that allows Paramount PSKY.O to close its acquisition of Warner Bros WBD.O, ending a monthslong holdup for the $110 billion transaction.
US District Court Judge Araceli Martínez-Olguín approved a settlement between the companies and a California-led group of states that had alleged the deal would harm competition in film and television.
(Reporting by Jody Godoy, Editing by Franklin Paul)
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