Paramount wins EU greenlight for $110B acquisition…
European Union regulators on Wednesday authorized Paramount’s $110 billion acquisition of Warner Bros. Discovery – delivering the mega media merger another greenlight even as it faces challenges at home.
The European Commission said the approval was conditional “upon full compliance with the commitments offered by Paramount,” after the David Ellison-led firm supplied a number of concessions to get the deal rubber-stamped.
Paramount pledged to terminate its stake in United International Pictures, its movie distribution enterprise with Universal Pictures, in the European…
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