Paramount Moves Closer to Clearing a Major Antitrust Hurdle. Here’s How That Impacts Its Warner Bros. Discovery Acquisition.

Key Points Paramount's proposed $110 billion acquisition of Warner Bros. would bring together streaming services such as Paramount+ and HBO Max, as well as major cable networks and channels such as CBS and CNN. Investors expected the deal to face antitrust challenges. Reports suggest that Paramount may be close to settling on a major lawsuit brought by 12 state attorneys general. A settlement would likely include concessions. 10 stocks we like better than Paramount Skydance › Paramount Skydance (NASDAQ:PSKY) is reportedly one step closer to overcoming a major antitrust lawsuit that could pave the way for it to close a proposed $110 billion acquisition of Warner Bros. Discovery . After a bidding war with Netflix , Paramount Skydance announced on Feb.