Symbolic imageUK clears Paramount's takeover of Warner Bros Discovery
Britain's antitrust watchdog cleared Paramount Skydance's takeover of Warner Bros Discovery on Thursday, and culture secretary Lisa Nandy said she would not intervene after securing guarantees on Channel 5. The deal is put at $110 billion by the Financial Times and the South China Morning Post and at $81 billion by the Wall Street Journal, and it still faces a key hurdle in the United States.
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