Paramount’s Warner deal gets conditional approval in the EU.

While Paramount’s $110 billion WBD merger is suddenly on hold in the US, in Europe, the European Commission is ready to allow it after Paramount agreed to concessions including giving up its stake in United International Pictures within 13 months of the deal closing. [Link: Commission approves Paramount's acquisition of Warner, subject to conditions | https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1663 | European Commission]

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