US Justice Department clears Paramount's acquisition of Warner Bros, Politico reports
US Justice Department clears Paramount's acquisition of Warner Bros, Politico reports
ReutersFri, June 12, 2026 at 8:26 PM UTC
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1 / 0FILE PHOTO: Warner Bros. studio lot in BurbankFILE PHOTO: The Warner Bros. Water Tower is pictured at Warner Bros. Studios in Burbank, California, U.S. February 27, 2026. REUTERS/Daniel Cole/File Photo
WASHINGTON, June 12 (Reuters) - The U.S. Justice Department's Antitrust Division has cleared Paramount Skydance Corp's planned $110 billion acquisition of Warner Bros Discovery, Politico reported on Friday, citing two people familiar.
Department of Justice officials determined the transaction did not pose a threat to competition, according to the sources.
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Politico reported, citing one source, that the department approved the merger without requiring any divestitures, behavioral remedies or concessions.
(Reporting by Ismail Shakil and Daphne Psaledakis; Editing by Caitlin Webber)
Source: “AOL Money”
