Paramount-Warner Bros. Merger Set to Close Next Week After Judge OKs Settlement With State AGs

U.S. District Judge Araceli Martínez-Olguín has approved the settlement between Paramount and 12 State AGs, removing the final antitrust hurdle for the merger. This allows David Ellison to finalize the acquisition of Warner Bros. Discovery next week. Valued at $110 billion, this transaction stands as the most expensive takeover in Hollywood history. The ruling concludes a year-long battle, clearing the path for the deal to close following the judge's official approval of the settlement.