The DOJ approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery, clearing the biggest hurdle for a deal expected to close in Q3

The mega-merger is "unlikely to have the effect of substantially lessening competition in relation to the wholesale supply of films for theatrical release in Australia."

BRUSSELS, June 10 : Paramount Skydance Corp's $110 billion takeover of Warner Bros Discovery, backed by Gulf sovereign wealth funds, is under European Union subsidy scrutiny,…

Autoridades concluíram que transação não ameaça concorrência no streaming, TV ou cinema