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If the deal doesn’t close by the new July 6 deadline, or if regulators ultimately block it, either party may walk away.

The merger got a greenlight by the Securities and Exchange Commission (SEC), who made Paramount Global’s S-4, or the form filed to the SEC in M&A cases, effective as of Thursday. 

Barb TV Viewing Minutes for the Paramount-owned public service broadcaster increased by 53% compared to 2023.