The US Department of Justice has approved Paramount's acquisition of Warner Bros without regulatory conditions or restrictions, according to a report by Amit Atias (N12). The $111 billion mega-deal is expected to close later this year.
01 · THE DISPATCH
The US Department of Justice has cleared Paramount's acquisition of Warner Bros without any regulatory conditions or restrictions, a major milestone for the consolidation of Hollywood's legacy studios. The deal, valued at $111 billion, was reported by Amit Atias (N12). It is expected to close later this year, though additional approvals from other jurisdictions may still be required. No further details on the approval process or any remaining regulatory hurdles were included in the report.
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03 · Source and signal
Source and signal
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