States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger Paramount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery ( WBD ), the California attorney general annou...

Source: [Guardian US](https://www.theguardian.com/business/2026/sep/21/paramount-settles-lawsuits-warner-bros-merger)

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