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Paramount Global is engaged in discussions with the Federal Communications Commission (FCC) regarding the approval process for its proposed merger with Skydance Media. The talks include considerations of potential concessions related to corporate diversity initiatives, which Paramount may need to adjust or abstain from to secure the FCC's approval. These initial discussions mark a critical step in the regulatory review of the merger, highlighting the FCC's focus on diversity policies as part of its evaluation criteria.
Sources: Paramount has begun talks with the FCC on the necessary steps to gain approval for its Skydance merger, including concessions on its diversity policies (Wall Street Journal) https://t.co/lYBy5uiMh9 https://t.co/EAcIXshc4u
$PARA Paramount in talks with FCC over diversity policy concessions for merger
Exclusive: The FCC has begun discussing with Paramount Global initial steps the company would need to take to secure the agency’s approval of its merger with Skydance Media https://t.co/FTEdce1beO
