Paramount Skydance Says DOJ Clearance Clears Path to WBD Bid, Yet No Deal
Paramount Skydance touts a DOJ antitrust milestone for its potential purchase of Warner Bros. Discovery, stating the Hart-Scott-Rodino waiting period has expired and the review is cleared. However, Paramount has no merger agreement with WBD, WBD remains tied to its Netflix deal, and regulatory approvals plus shareholder consent—not just HSR clearance—are still required. Netflix cautions that routine HSR milestones do not equal DOJ approval, while lawmakers have pressed Paramount for records related to the talks.