Paramount Skydance mulls CNN sale amid antitrust merger challenge

Paramount Skydance mulls CNN sale amid antitrust merger challenge

Paramount Skydance is considering selling CNN to resolve an antitrust lawsuit challenging its $110bn merger with Warner Bros. Discovery. Twelve states, led by California, sued to block the deal, citing reduced competition. Paramount's chief legal officer hinted at the sale, while critics argue it won't address broader concerns.

Source: Al Jazeera

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