Paramount Skydance Corp.’s proposed $110 billion acquisition of Warner Bros. Discovery Inc. remains under active review by US antitrust officials, according to people familiar with the matter, even though the odds of a legal challenge are low.
The Justice Department is still seeking comment from third parties and actively enforcing deadlines to comply with information requests, said the people, who asked to not be identified discussing the private review. The inquiries have continued since Netflix Inc. dropped out of the fight to buy Warner Bros., leaving Paramount the winner.
Paramount declined to comment. The Justice Department didn’t have an ...