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DOJ Approves Paramount Skydance and Warner Bros. Discovery Merger
SummaryThe US Department of Justice has officially approved Paramount Skydance’s acquisition of Warner Bros. DiscoveryBillionaire Larry Ellison is providing $45.7 billion USD in equity to back the monumental media consolidationThe merger faces impending antitrust challenges from state attorneys general and international officialsThe US Department of Justice (DOJ) has officially cleared Paramount Skydance to move forward with its landmark acquisition of Warner Bros. Discovery. The major regulatory approval marks a seismic shift in the American entertainment landscape, drastically reducing the number of legacy media players and centralizing immense industry power under the Ellison family.Under the newly cleared transaction, Paramount Skydance CEO David Ellison will assume control of historic...
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Mary Wambui ordered to pay Sh100m to Equity Bank, save Glee Hotel
The High Court granted the businesswoman seven days to make Sh100 million payment to stop the...
Small lenders given three more years to meet core capital rule
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