Deals
Discovery Says Antitrust Regulators Won’t Block Its WarnerMedia Deal
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Discovery Inc. said U.S. antitrust officials declined to challenge its planned merger with AT&T Inc.’s WarnerMedia business, clearing the way for the deal to close.
Discovery said in a securities filing Wednesday that the required waiting period to complete the tie-up has “expired or been terminated” without regulators taking action. That means the companies can move forward with the deal, which AT&T still expects to close in the second quarter.