Paramount’s $111-billion Warner Bros. acquisition clears key hurdle

Paramount’s 1-billion Warner Bros. acquisition clears key hurdle

The U.S. Justice Department cleared the way for Paramount Skydance’s $111-billion purchase of Warner Bros. Discovery — a major milestone that moves David Ellison closer to his goal. After a weeks long review, Justice Department antitrust regulators on Friday concluded the combination would not violate federal anti-competition laws. Approval had been expected because President Trump … Read more