Skydance, Paramount
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Paramount and Skydance have confirmed reports earlier this week that their long-gestating merger is expected to finally close on August 7.
US regulators on Thursday approved the sale of Hollywood studio Paramount to billionaire producer David Ellison's production company Skydance for $8 billion, roughly a year after the deal was first announced.
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Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.
The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media