What changed in this update
Paramount has reached a settlement with the US states in a lawsuit challenging its $110bn merger with Warner Bros
Paramount Skydance reached a settlement with 12 states regarding antitrust concerns, clearing the way for its $110 billion acquisition of Warner Bros. Discovery. Jo Ling Kent reports.
NYTimes – Business Paramount has reached a settlement with the US states in a lawsuit challenging its $110bn merger with Warner Bros
Paramount has completed its roughly $110 billion acquisition of Warner Bros. Discovery, and the combined company is now operating and trading as Skydance.
Grounded in 5 reports across 5 sources
Skydance began trading on Wall Street after Paramount closed its acquisition of Warner Bros. Discovery.
BBC News – Business Paramount has reached a settlement with the US states in a lawsuit challenging its $110bn merger with Warner Bros
Paramount's agreement with 12 state attorneys general paves the way for the company to complete its $110 billion acquisition of Warner Bros. Discovery.
Paramount-Skydance has now settled two major lawsuits that were holding up the company's $111 billion buyout of Warner Bros. Discovery. One lawsuit was filed by the Writers Guild of America; the other by a dozen states. Paramount is the parent company of CBS News. Jo Ling Kent has the details.
NYTimes – Business By resolving a lawsuit filed by a group of states, the media mogul David Ellison removed the last major hurdle he faced in creating a news and entertainment empire.
Sky News – Front Page Paramount has reached a settlement with California and other states that sued over the media giant's $110bn (£82.2bn) with Warner Bros Discovery.
NYTimes – Business President Donald Trump established a White House committee to investigate Federal Reserve Governor Lisa Cook over allegations that she made false statements on mortgage documents, which she denies. The inquiry will hold a hearing at the White House on Nov. 5 that Trump said Cook "shall" attend. The move renews Trump's effort to remove Cook after a Supreme Court ruling that her earlier firing was unconstitutional.
BBC News – Business President says deal essential to lower US fuel prices but move set to create fresh crisis with Ukraine and Nato allies US politics – live updates Donald Trump was on a fresh collision course with the Ukrainian president, Volodymyr Zelenskyy, and European allies on Friday after a stunning agreement to buy Russian diesel, upending years of US and western pressure on the Kremlin to end its four-and-a-half year war agai…
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