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The Federal Communications Commission approved a foreign ownership structure for Paramount, with sovereign wealth funds contributing $24 billion to the bid, governed by the Communications Act of 1934.

2 reports, 1 independent Updated Sep 17
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The Federal Communications Commission approved a foreign ownership structure for Paramount, with sovereign wealth funds contributing $24 billion to the bid, governed by the Communications Act of 1934.

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1 more outlet ran the same wire story