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FROM SRN NEWS

US judge allows Paramount to close Warner Bros acquisition

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Sept 30 (Reuters) – A US judge entered an order on Wednesday that allows Paramount to close its acquisition of Warner Bros, ending a monthslong holdup for the $110 billion transaction. 

US District Court Judge Araceli Martínez-Olguín approved a settlement between the companies and a California-led group of states that had alleged the deal would harm competition in film and television.

(Reporting by Jody Godoy, Editing by Franklin Paul)

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