Reported about 15 hours ago
Paramount Skydance CEO David Ellison remains determined in his attempts to acquire Warner Bros. Discovery, despite three rejections. Allies suggest that his connections to the Trump administration may give him an edge in the regulatory process. While Warner Bros. Discovery's CEO David Zaslav insists on a higher valuation than Ellison's latest offer, the situation remains fluid with multiple potential outcomes, including a full acquisition or a sale of assets. Ellison's ambition is reinforced by financial backing, and discussions around the potential deal have raised concerns about billionaire influence over major media entities.
Source: YAHOO