US regulators appear ready to approve Paramount’s takeover of Warner Bros, Semafor reports

Paramount Skydance
Warner Bros Discovery

Paramount Skydance

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Warner Bros Discovery

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May 26 (Reuters) - U.S. antitrust regulators appear ready to approve Paramount's PSKY.O $110 billion takeover of Warner Bros Discovery WBD.O after a two-hour meeting on Tuesday at the Justice Department, Semafor reported on Tuesday, citing people familiar with the matter.

At the meeting, Paramount CEO David Ellison reiterated a commitment to releasing movies in theaters, the report said.

Reuters could not immediately verify the report.


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