UK begins review of Paramount's $110bn Warner Bros deal
Britain's regulator has started a formal review of Paramount's $110 billion Warner Bros deal. A decision on an in-depth probe is now expected by August 7.
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PARAMOUNT SKYDANCE CL B faces a formal United Kingdom antitrust review of its $110 billion acquisition of WARNER BROS DISCOVERY INC. The Competition and Markets Authority set an August 7 deadline to decide on a deeper probe. Regulatory hurdles in major markets could delay the creation of a media giant spanning CNN and CBS.
