DOJ approves Paramount’s $111 billion acquisition of Warner Bros.

Paramount Skydance’s $111 billion bid for Warner Bros. Discovery took a major step towards being finalized on Friday. The Justice Department’s Antitrust Division reportedly signed off on the company’s purchase of WBD, per Politico and other outlets. The decision is expected to be announced officially soon. DOJ approval, while expected, doesn’t close the door on legal…