Heurist Finance

FCC clears foreign ownership in Paramount Skydance's $110B Warner Bros. Discovery bid

Seekingalpha · 11 hours ago
PSKYWBD
FCC clears foreign ownership in Paramount Skydance's $110B Warner Bros. Discovery bid
  • The FCC approved foreign ownership in Paramount Skydance's (PSKY) planned $110 billion purchase of Warner Bros. Discovery (WBD).
  • The approval covers Paramount's request to allow financing of more than 25% for the transaction.

Quotes

“The Federal Communications Commission approved foreign ownership in Paramount Skydance's (PSKY) planned $110 billion purchase of Warner Bros. Discovery (WBD).”— Seekingalpha

Sources