Paramount-Warner Bros. Merger Cleared to Close Following $111 Billion USD Settlement Approval

SummaryParamount and Warner Bros Discovery are set to officially close their $111 billion USD merger on October 6, 2026US District Judge Araceli Martínez Olguín approved a settlement with 12 state attorneys general removing the final legal barrierFormer Mattel CEO Ynon Kreiz will join David Ellison as co-CEO to lead the combined entertainment conglomerateParamount and Warner Bros. Discovery are scheduled to officially complete their $111 billion USD merger on October 6, 2026. U.S. District Jud...