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EU Kicks Off Probe of Paramount’s $24 Billion in Middle Eastern Funding for Warner Bros. Deal
The European Union’s regulatory arm is investigating Paramount Skydance’s proposed Warner Bros.
AI Summary
The European Union’s regulatory arm is investigating Paramount Skydance’s proposed Warner Bros. Discovery megamerger over the financial backing of three Middle Eastern sovereign wealth funds. The European Commission is investigating the $111 billion Paramount-WBD deal under the EU’s Foreign Subsidies Regulation, looking at the approximately $24 billion bein…
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