NASDAQS:TLSA 12 June 2025

June 13, 2026, 11:43 AM EDT. Paramount Skydance Corporation (PSKY) shares rose in after-hours trading following the U.S. Department of Justice's approval of its planned $110 billion takeover of Warner Bros. Discovery (WBD). The DOJ's antitrust clearance removes a major regulatory hurdle, signaling the deal is unlikely to reduce competition or harm consumers. PSKY closed Friday at $10.47, down 0.19%, but gained 2.77% to $10.76 post-close with a market cap near $11.72 billion. Next, the European Commission will rule by July 7, potentially affecting the transaction's timeline. Meanwhile, state-level lawsuits and other regulatory reviews across the U.S. and UK remain active, underscoring ongoing risks for investors tracking the media merger.