Discovery, announced today that the European Commission has granted unconditional antitrust clearance of the company’s proposed acquisition of AT&T’s WarnerMedia business.“Approval from the European Commission is a key milestone toward completing our proposed transaction with AT&T,” said Discovery CEO David Zaslav, who will be CEO of the combined company. “Today we move one important step closer to creating Warner Bros.
Discovery, a premier entertainment company that will be one of the world’s leading investors in premium content and one positioned to serve consumers with what we believe will be the most complete content offering under one roof.”Discovery currently anticipates the closing of the WarnerMedia transaction to occur in mid-2022,
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