WASHINGTON, March 23 -- Sen. Richard Blumenthal issued text of the following press release:
U.S. Senator Richard Blumenthal (D-CT) joined Senate colleagues in a letter demanding a thorough review of the proposed $111 billion merger between Paramount Skydance and Warner Bros. Discovery, amid reports of substantial foreign investment embedded in the transaction.
The letter, led by Senator Cory Booker (D-NJ) and joined by Senator Blumenthal, Democratic Minority Leader Chuck Schumer (D-NY), Democratic Minority Whip Dick Durbin (D-IL), and Senators Mazie Hirono (D-HI), Sheldon Whitehouse (D-RI), and Elizabeth Warren (D-MA), addresses Federal Communications Commission (FCC) Chairman Brendan Carr expressing deep concern that sovereign wealth fun...