The FCC approves Paramount's request for foreign ownership above 25% in its proposed WBD acquisition; foreign owners would hold 49.5% of its Class B shares (Kelcee Griffis/Bloomberg)
Kelcee Griffis / Bloomberg:
The FCC approves Paramount’s request for foreign ownership above 25% in its proposed WBD acquisition; foreign owners would hold 49.5% of its Class B shares — The Federal Communications Commission approved Paramount Skydance Corp.’s request to allow foreign financing in excess of 25% …