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Justice Dept. approves Paramount's acquisition of Warner Bros. Discovery
Why this matters: a developing story that could shape the day's news cycle.
The decision paves the way for a proposed $110 billion merger uniting two rival studio giants — Paramount, owner of CBS, and the much larger Warner, which includes HBO and CNN.
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The Guardian
US justice department approves $111bn merger of Paramount and Warner Bros Discovery
Investing.com
US Justice Department approves Paramount’s acquisition of Warner Bros, Politico reports
NY Times
Justice Dept. Clears Way for Paramount-Warner Bros. Merger
LA Times
Paramount's $111-billion Warner Bros. acquisition clears key hurdle
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