Updated: 34h| Published: 45h
A competitive bidding war has erupted for Warner Bros. Discovery (WBD), with Paramount launching a $108 billion hostile bid financed partly by Jared Kushner's Affinity Partners and sovereign wealth funds from Saudi Arabia, Qatar, and L’imad Holding Co.This development raises concerns about potential conflicts of interest involving President Donald Trump, Kushner's father-in-law, prompting the U.S. Justice Department's antitrust unit to prepare for a review.Experts suggest Trump should recuse himself from any discussions, though he denies discussing the WBD deal with Kushner and has expressed negative sentiments towards Paramount and Netflix.
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A competitive bidding war has erupted for Warner Bros. Discovery (WBD), with Paramount launching a $108 billion hostile bid financed partly by Jared Kushner's Affinity Partners and sovereign wealth funds from Saudi...

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