The Justice Department approved the Paramount-WBD merger with no divestitures. State AGs led by California are still preparing to sue to block it.

Paramount Skydance defeated Netflix in the battle to acquire Warner Bros. Discovery, committing $111 billion for the merger.

The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general.

The Antitrust Division of the U.S. Department of Justice issued a statement in connection with the closing of the Division’s investigation into ...

A coalition of state attorneys general led by California is preparing a lawsuit to challenge the merger.