Paramount Skydance offered the European Union’s merger watchdog concessions to ease competition concerns as officials look into its planned $81 billion takeover of Warner Bros Discovery.
The European Commission — the EU’s executive arm and antitrust enforcer — confirmed on Wednesday that commitments were submitted, saying it has a new provisional July 22 deadline to wrap up its investigation.
The companies offered concessions to the commission on Tuesday, according to an update on the regulator’s website. The commission did not provide details into the commitments.
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