US gives green light for Paramount’s $111 bn Warner Bros. takeover

The US Justice Department on Friday cleared Paramount Skydance’s $111 billion takeover of Warner Bros. Discovery, handing a major win to a media empire financed by one of President Donald Trump’s closest billionaire allies.The Antitrust Division approved the blockbuster deal without demanding a single change, capping an eight-month review and clearing the way for one of the largest media mergers in years.It said the tie-up was “not likely to result in harm to competition or Am