DOJ clears Paramount-WBD merger, but state probes loom
TL;DR Summary
The U.S. Department of Justice cleared Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery, removing federal antitrust concerns, but the deal still faces potential challenges from state attorneys general and ongoing regulatory reviews; Paramount targets a September close with a ticking fee after completion, and the news supported a rise in Paramount’s stock in after-hours trading.
- Paramount-WBD merger wins approval from DOJ, source says CNBC
- Trump’s DOJ approves Paramount-Warner Bros. merger, as potential state lawsuits loom CNN
- DOJ Gives Thumbs Up To Paramount’s $111B WBD Acquisition; States Ponder Next Move Deadline
- Trump’s DOJ reportedly approves Paramount Skydance’s $110bn takeover of Warner Bros Discovery – US politics live The Guardian
- Exclusive: US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources say Reuters
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