Warner Bros. and Paramount sign agreement to be acquired by them

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CCTV Reporter on February 27th local time, it was learned that Warner Bros. Discovery signed a $110 billion agreement with Paramount Tandu Company in the morning, agreeing to be acquired by the latter.

According to reports, this deal includes approximately $29 billion in debt and is one of the largest Hollywood mergers in recent years. After the merger is completed, Paramount will gain access to Warner Bros.’ extensive intellectual property resources, including the “Fantastic Beasts” and “The Matrix” series.

However, some analysts believe that this acquisition is expected to face antitrust reviews from U.S. and overseas regulatory agencies.

(Source: CCTV News)

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