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Justice Dept. approves Paramount's acquisition of Warner Bros. Discovery

The decision paves the way for a proposed $110 billion merger uniting two rival studio giants — Paramount, owner of CBS, and the much larger Warner, which includes HBO and CNN.

The decision paves the way for a proposed $110 billion merger uniting two rival studio giants — Paramount, owner of CBS, and the much larger Warner, which includes HBO and CNN.
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