DoJ said to clear Paramount's $111B Warner deal

 The Justice Department's Antitrust Division approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery, Politico reported on Friday, citing people familiar with the story.

DOJ officials determined the deal did not threaten competition and declined to challenge it. The department approved the merger without requiring divestitures, behavioral remedies, or other concessions.

Paramount has argued the combination would help it compete more effectively with streaming rivals and large technology companies.

https://breakingthenews.net/Article/DoJ-said-to-clear-Paramount's-dollar111B-Warner-deal/66498979