MergerJul 22, 2026, 03:16 PM
Paramount Skydance Merger with WBD Gets EU & South Korea Approvals
AI Summary
Paramount Skydance Corporation (PSKY) announced significant progress in its merger with Warner Bros. Discovery, Inc. (WBD), securing key regulatory approvals. The European Commission granted approval under both the EU Merger Regulation and the EU Foreign Subsidies Regulation, while South Korea's Fair Trade Commission also gave its unconditional approval. The merger still requires regulatory clearances from other jurisdictions.
Key Highlights
- European Commission approved the Merger under EU Merger Regulation on July 22, 2026.
- European Commission unconditionally approved the Merger under EU Foreign Subsidies Regulation on July 14, 2026.
- Fair Trade Commission of South Korea unconditionally approved the Merger on July 10, 2026.
- Merger remains subject to regulatory clearance in other relevant jurisdictions.
Price Impact
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