Justice Department approves Paramount’s acquisition of Warner Bros.

Politico US)
The Justice Department's Antitrust Division has signed off on Paramount Skydance’s $111 billion bid for Warner Bros. Discovery, according to two people familiar. The approval clears a major regulatory hurdle for a deal that has become one of the most closely watched media merger reviews of the Trump era.
The decision, expected to be announced Friday, paves the way for Paramount to combine with the entertainment and media company behind CNN, Warner Bros. Pictures and HBO Max streaming service.
After an extensive review, DOJ officials determined the transaction did not pose a threat to competition and declined to challenge it, said the people, who were granted anonymity to discuss sensitive matters. The department approved the merger without requiring any divestitures, behavioral remedies or concessions, according to one of the people