US Department of Justice Approves Massive $111 Billion Paramount and Warner Bros Discovery Merger

The DOJ has cleared the $111 billion acquisition of Warner Bros. Discovery by Paramount Skydance.Federal regulators decided the deal does not threaten market competition after concluding their review.The merger now faces potential legal challenges from state attorneys general led by Rob Bonta.UK authorities at the CMA are also conducting an independent inquiry into the proposed transaction.
Published:21h |Updated:19h
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