Paramount approved to buy Warner Bros. How did we get here?
The Trump administration has given the green light for Paramount Skydance to take over Warner Bros Discovery in a $US110 billion ($156 billion) mega-merger.
The Trump administration has given the green light for Paramount Skydance to take over Warner Bros Discovery in a $US110 billion ($156 billion) mega-merger.
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The Trump administration has given the green light for Paramount Skydance to take over Warner Bros Discovery in a $US110 billion ($156 billion) mega-merger.
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The approval marks a key development in the merger that will reshape media, allowing the continue of the takeover of the Hollywood studio, which owns CNN and HBO. Grouped from 4 articles across 4 sources.
The Department of Justice said it determined that Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery is not likely to harm competition.
The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general.
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