EU clears $110 billion Paramount-WBD merger with 10-year film remedy
What's next: The deal is still frozen in the US for at least two weeks as 12 states seek to block it before a Sept. 30 deadline.
BBC News (US & Canada), CNBC +1
Subject
#Paramount Skydance
Paramount targets Sept. close for WBD deal as states seek halt
What's next: A court fight over a temporary restraining order could delay the merger and trigger a $650 million quarterly ticking fee after Sept. 30.
12 states sue to block Paramount’s $31-a-share bid for WBD
Why it matters: The case targets a deal that would unite CBS, HBO Max, CNN, MTV and BET under one company.
The New York Times, Bloomberg +3
DOJ backs $111 billion Paramount Skydance-WBD media merger
What's next: The approval follows an eight-month antitrust review that found the tie-up was unlikely to hurt competition or consumers.
US clears Paramount Skydance’s $111 billion Warner Bros takeover
What’s next: California is still reviewing the deal and could sue, even after federal antitrust officials let the merger proceed.