Paramount stock rose 2% to $10.11 after a settlement with 12 Democratic state attorneys general removed a key antitrust hurdle to its merger with Warner Bros. Discovery, though the deal still needs judicial approval and faces a $77 billion debt load and expected layoffs.
Paramount Shares Edge Up After Antitrust Settlement Clears Path for Warner Bros. Discovery Merger
Paramount stock rose 2% to $10.11 after a settlement with 12 Democratic state attorneys general removed a key antitrust hurdle to its merger with Warner Bros. Discovery, though the deal still needs judicial approval and faces a $77 billion debt load and expected layoffs.
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