(The Center Square) - Paramount Skydance won a federal judge’s approval Wednesday to proceed with a $111-billion acquisition of Warner Bros. Discovery in a historic Hollywood merger.

U.S. District Judge Martínez-Olguín in Oakland approved Paramount Skydance’s settlement with Democratic attorneys general from 12 states, who sued to stop the merger. The plaintiffs included Arizona, California, Nevada, Colorado and Washington.

Originally published on thecentersquare.com, part of the BLOX Digital Content Exchange.

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