Paramount Skydance Offers Concessions to EU Regulators for Warner Bros Discovery Takeover
By
Ray Flook
Summary
Paramount Skydance, led by David Ellison, has made concessions to the European Commission to secure approval for its planned $110 billion takeover of Warner Bros Discovery. The EC confirmed in a filing that Paramount Skydance pledged a number of changes to the deal. The company is also awaiting a decision from UK culture minister Lisa Nandy on the acquisition.
Source
Bleeding CoolParamount Skydance Offers Concessions to EU Regulators for Warner Bros Discovery Takeoverbleedingcool.comKey quotes
· 2 pulledWhile David Ellison's Paramount Skydance awaits word from British culture minister Lisa Nandy on the planned takeover of David Zaslav's Warner Bros Discovery, it seems the multimedia corporation has made concessions to secure a green light from the European Commission (EC) for its $110 billion deal.
In a filing, the EC confirmed that Paramount Skydance has pledged a number of changes.
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