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U.K. Approves Paramount-Warner Bros. Merger

U.K. Approves Paramount-Warner Bros. Merger

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The U.K. has cleared Paramount Skydance’s $110 ⁠billion acquisition of Warner Bros. on competition grounds. The British government added that it ​would not ​intervene in the transaction ‌on ⁠public interest grounds after Paramount beefed up promises ​about ​programming ⁠and news provision in the U.K. In a statement, th

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The U.K. has cleared Paramount Skydance’s $110 ⁠billion acquisition of Warner Bros. on competition grounds.

The British government added that it ​would not ​intervene in the transaction ‌on ⁠public interest grounds after Paramount beefed up promises ​about ​programming ⁠and news provision in the U.K.

In a statement, the U.K.’s Department of Culture, Media and Sport […]

This summary comes from Variety. Read the full article at the original source.

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