UK Watchdog Opens Formal Probe Into Paramount’s $110 Billion Warner Takeover, Sets August 7 Deadline (opens in new tab)

Britain's Competition and Markets Authority has opened a formal Phase 1 investigation into Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, with a ruling deadline of August 7 — the latest regulatory front in a deal that must also clear Brussels by July 7 and faces a continuing Department of Justice review in Washington.