Justice Department approves Paramount bid to acquire Warner Bros.

Justice Department approves Paramount bid to acquire Warner Bros.

The Department of Justice (DOJ) has approved Paramount’s $110 billion bid to acquire Warner Bros. Discovery, according to the DOJ’s Antitrust Division, clearing a key regulatory hurdle for the merger between the two global entertainment giants. A DOJ analysis determined that the transaction “is not likely to result in harm to competition or American consumers”…

Original Source

Read the full article at Thehill →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.