US approves Paramount Skydance's more than $110 billion purchase of Warner Bros

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US approves Paramount Skydance's more than $110 billion purchase of Warner Bros
Photo: Jae C. Hong/AP/TT

The U.S. Department of Justice on Friday gave the green light to Paramount Skydance's purchase of Warner Bros. The deal is valued at more than $110 billion, equivalent to just over 1,000 billion Swedish kronor.

In a statement from the Justice Department's Competition Division, the agency said the review found that the deal "is not likely to harm competition or American consumers."

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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