Justice Department approves Paramount’s acquisition of Warner Bros (opens original article in a new tab)

The U.S. Justice Department approved Paramount's $110 billion acquisition of Warner Bros. Discovery, but states like California are preparing lawsuits to block the deal over antitrust and job concerns.

• U.S. Justice Department approved Paramount's $110 billion acquisition of Warner Bros. Discovery
• Paramount sought FCC approval for foreign investments in the deal, facing concerns over Middle Eastern and Chinese firms
• California and other states plan to sue to block the merger, citing antitrust and job concerns