Paramount Claims Early European Regulatory Progress For WBD Deal

Paramount Skydance has a good feeling about European approval for its $111B takeover of Warner Bros. Discovery (WBD). Andy Gordon, Par’s Chief Strategy Officer and Chief Operating Officer, told Wall Street analysts that his company had “already made significant progress in securing regulatory clearances globally” prior to the WBD dramatically deal closing last week. News had previously broken that the European Commission made the unusual move of beginning probes into both Paramount and Netflix’s offers for ...