Picture of Warner Bros Discovery logo

WBD Warner Bros Discovery News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapNeutral

Paramount rises on report US Justice Department clears $110 billion Warner Bros merger

BUZZ-Paramount rises on report US Justice Department clears $110 billion Warner Bros merger 

** Shares of media company Paramount Skydance PSKY.O rise about 6% to $11.11 in extended trading

** U.S. Justice Department's Antitrust Division has cleared Paramount Skydance's $110 billion deal for Warner Bros Discovery WBD.O, Politico reported, citing two people familiar

** The department approved the merger without requiring any divestitures, behavioral remedies or concessions, as per the report

** Up to last close, stock had fallen ~22% YTD


(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

Recent news on Warner Bros Discovery

See all news