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Paramount-WBD merger wins approval from DOJ, source says
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- Department of Justice has signed off on Paramount Skydance's proposed acquisition of Warner Bros.
- It's an important milestone for the roughly $110 billion deal that's drawn criticism over antitrust concerns, though it could still face legal challenges from state attorneys general.
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The U.S. Department of Justice has signed off on Paramount Skydance's proposed acquisition of Warner Bros. Discovery, a person familiar with the matter told CNBC Friday.
It's an important milestone for the roughly $110 billion deal that's drawn criticism over antitrust concerns, though it could still face legal challenges from state attorneys general. California AG Rob Bonta has been among the officials reviewing the proposal, according to prior reports.
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