[BUSINESS]■ STORY TIMELINE
EU CLEARS PARAMOUNT'S WARNER BROS. DEAL
European regulators have approved Paramount's acquisition of Warner Bros. Discovery, provided Paramount divests its distribution partnership with Universal.
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As long as Paramount ends its distribution business with Universal, it can purchase Warner Bros. Discovery in Europe.
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The extended pause will give time to hear cases for blocking the deal from states and the WGA.