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[Paramount SkyDance reached a settlement with 12 states in its acquisition of Warner Bros.] On September 22, Paramount SkyDance Company reached a settlement agreement with California and 11 other states on September 21, local time. The settlement clears the way for the two Hollywood giants to merge after the states previously filed suit in an attempt to block the company's $110 billion merger with Warner Bros. Discovery. It is reported that California Attorney General Rob Bonta announced the settlement news at a press conference held in Los Angeles that day.
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