UK minded to intervene in Paramount's $110 billion Warner Bros Discovery deal
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LONDON, June 30 (Reuters) - British culture minister Lisa Nandy said on Tuesday she was minded to intervene in Paramount's proposed $110 billion takeover of Warner Bros Discovery on public interest grounds, citing concerns about maintaining plurality.
"Following engagement with the parties and independent research, my department has today written to the current and proposed owners of Warner Bros Discovery on my behalf to inform them that I am minded to intervene," Nandy said in a written statement.