Home > Industry News > Deals & M&A Rep. Sam Liccardo says foreign investors acquiring 49.5% of the combined company’s equity would be “a surrender of American media and infrastructure to the hands of foreign authoritarian regimes” Congressman Sam Liccardo is urging FCC chairman Brendan Carr to deny Paramount Skydance’s petition that would allow three Middle Eastern sovereign wealth funds and other foreign investors to acquire 49.5% of the equity of the company following its merger with Warner