Paramount clears key US antitrust hurdle in bid for Warner Bros Discovery
Paramount announced that the US antitrust waiting period for its Warner Bros Discovery bid expired on Thursday. The DOJ review remains ongoing for the deal.
Insights:
Paramount Skydance Corporation Class B Common Stock announced that the 10-day antitrust waiting period under the Hart-Scott-Rodino Act for its $108.4 billion all-cash bid for Warner Bros. Discovery, Inc. expired on February 19. This development removes the primary statutory waiting-period impediment to closing the transaction within the US 
US, marking a significant regulatory milestone for the proposed acquisition of the major studio and streaming asset owner.
US, marking a significant regulatory milestone for the proposed acquisition of the major studio and streaming asset owner.
