Speaking at a Morgan Stanley Conference, Vena said he has met with senior people in the administration, who called the deal a "win for the country". The merger faces intense scrutiny from the Surface Transportation Board, which received a notice of intent from the companies on July 30, 2025.

Paramount Skydance is preparing a bid to buy Warner Bros Discovery , a source familiar with the matter told Reuters on Thursday, potentially marrying two of the biggest Hollywood studios and girding for a streaming battle against big tech.

Paramount Skydance's (NASDAQ:PSKY) post-merger roadmap is only just beginning to clear up -- and BofA Securities has initiated coverage of the stock at Underperform, expecting murky visibility through a long transition ahead.