Paramount Skydance Readies Sale of Children’s Channels to Satisfy EU Merger Review
Paramount Skydance Corp (NASDAQ:PSKY) is willing to sell some children’s television networks as a potential remedy to obtain European Union approval for its $110 billion acquisition of Warner Bros. Discovery Inc (NASDAQ:WBD). EU regulators are assessing overlap between Nickelodeon and Cartoon Network and are also examining implications for the thea…