Paramount Skydance Corp.
(NASDAQ:PSKY) shares are in the spotlight Monday as investors continue to digest Friday's landmark DOJ approval of the company's $110 billion acquisition of Warner Bros.
Discovery, Inc.
(NASDAQ:WBD) — though the deal still faces hurdles from European regulators and a potential state attorneys general lawsuit.
The DOJ Approval The DOJ's Antitrust Division cleared the merger without requiring any divestitures, behavioral remedies, or other concessions, concluding that the deal "is not likely to result in harm to competition or American consumers," including with respect to streaming, linear television, and studio film distribution.
