Paramount Seeks Foreign Investment Approval
Paramount is seeking federal approval to allow foreign investors to hold more than 25% equity. The move aims to fund its acquisition of Warner Bros Discovery.
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PARAMOUNT GLOBAL-CLASS A has formally requested authorization from the United States Federal Trade Commission to allow foreign investors to hold an indirect equity stake exceeding 25% in the company. This regulatory move follows the media giant's efforts to secure international funding to facilitate its high-profile acquisition of WARNER BROS DISCOVERY INC.
