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The chairman of the Federal Communications Commission of the USA threatened to block mergers of companies with DEI programs.
Brendan Carr, the chairman of the Federal Communications Commission (FCC) of the USA, stated that the agency is prepared to block merger proposals from companies that promote 'offensive' diversity, equity, and inclusion (DEI) policies. This move could threaten billions of dollars in Trade within the Communications Industry, with Carr specifically mentioning the merger between Paramount Global and Skydance Media, as well as Verizon Communications Inc.'s acquisition of Frontier Communications Parent Inc.
FCC Chair Says He Intends to Stop M&A Deals From Companies With DEI Policies: Report
Express News | Frontier Communications Parent - Co's Unit Entered Amended Credit Deal of Senior Secured Term Loan Credit Facility and Revolving Credit Facility
TD Cowen Maintains Frontier Communications(FYBR.US) With Hold Rating, Maintains Target Price $38.5
Analysts Conflicted on These Communication Services Names: Frontier Communications Parent (FYBR) and Skillz (SKLZ)
Frontier Communications Announces EVP John Harrobin's Resignation
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