The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.

Skydance on Thursday said in a letter to Senate democrats that it has fully complied with all laws, a response to questions raised by Sens. Elizabeth Warren, Bernie Sanders and Ron Wyden about Paramount’s settlement with Trump and his claim that he will get additional ads for his causes.

Days before a new ownership team takes control of the company, Paramount Global reported second-quarter earnings that beat analysts’ estimates, crediting lower costs and growth in streaming profit.