US regulators cleared Paramount's $110bn Warner Bros deal, creating a streaming giant that will reshape the contest for Latin American subscribers.
Latin America · Streaming
Key Facts
—Regulators cleared it. The US Justice Department approved Paramount’s roughly $110bn purchase of Warner Bros Discovery on June 12.
—No strings attached. After an eight-month review, the deal was waved through with no forced sales or conditions.
—The price. Paramount is paying $31.00 a share in cash, after streaming rival Netflix dropped out of the bidding.
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