Paramount, Warner argue merger settlement should be approved
( September 28, 2026, 19:36 GMT | Official Statement) -- MLex Summary: Media conglomerates Paramount Skydance and Warner Bros. Discovery argued that their settlement with 12 state attorneys general should be swiftly approved. "If the benchmark for substantive reasonableness were the maximum relief a plaintiff might theoretically have won after a trial, no pretrial settlement could ever be approved — a result that would be entirely inconsistent with the strong policy favoring negotiated resolution of disputed claims," the companies wrote.See attached document....
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