Paramount Offers Concessions to EU Regulators for $111B Warner Bros. Discovery Merger Approval
By
Jesse Whittock
Summary
Paramount has submitted concessions to the European Commission to address antitrust concerns regarding its proposed $111 billion merger with Warner Bros. Discovery. The EC confirmed the filing and set a new provisional decision deadline of July 22, extending from the previous July 7. The specific details of Paramount's pledges were not disclosed per EC policy. This move is seen as removing one of the final regulatory hurdles for the mega-merger.
Source
DeadlineParamount Offers Concessions to EU Regulators for $111B Warner Bros. Discovery Merger Approvaldeadline.comKey quotes
· 3 pulledParamount has offered concessions in a bid to smooth over European Commission concerns about its $111B deal for Warner Bros Discovery.
The European Commission confirmed a filing in which Paramount made its pledges, which the Ellison-family owned company believes will lead to approval and remove one of the final hurdles in the way of the mega-mergher.
A 'new provisional deadline' a decision has been set for July 22, extended from the previous July 7.
You might also wanna read
Paramount's $111 Billion Warner Bros. Discovery Merger Nears European Approval
Paramount's $111 billion acquisition of Warner Bros. Discovery is nearing completion, with the European Commission expected to approve the m
hollywoodreporter.com·9d ago
Paramount-Warner Bros. Merger Faces Potential UK Regulatory Hurdle After Expected EU Approval
Paramount's $111 billion takeover of Warner Bros. Discovery is expected to receive EU approval, with the key question being whether the UK's
Variety·9d ago
Paramount's $111 Billion Warner Bros. Discovery Takeover Expected to Win EU Approval
According to a Financial Times report, European Union regulators are expected to approve Paramount's $111 billion acquisition of Warner Bros
Variety·10d ago
Paramount Skydance Seeks EU Approval for $111 Billion Warner Bros. Discovery Acquisition
Paramount Skydance has formally requested European Union approval for its $111 billion equity acquisition of Warner Bros. Discovery, ahead o
mediaplaynews.com·1mo ago
Paramount Skydance Offers Concessions to EU Regulators for Warner Bros Discovery Takeover
Paramount Skydance, led by David Ellison, has made concessions to the European Commission to secure approval for its planned $110 billion ta
DOJ Approves $110 Billion Paramount/WBD Deal, Says It Won't Harm Competition
The Department of Justice has approved the $110 billion Paramount/Warner Bros Discovery deal, stating it is unlikely to harm competition or
Comments
Sign in to join the conversation.
No comments yet. Be the first.