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The U.S. Justice Department approved the merger/acquisition of Warner Bros. Discovery by Paramount (referred to as Paramount Skydance in one source).
The U.S. Justice Department approved the merger/acquisition of Warner Bros. Discovery by Paramount (referred to as Paramount Skydance in one source).
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The deal value is reported as $110 billion or $111 billion.
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The U.S. Justice Department concluded the combination would not violate federal anti-competition laws.
Jamshid Ghomi, a dual U.S.-Iranian citizen and CEO of a Tehran-based tech company, was arrested on federal charges.