Paramount ’s last and best offer for Warner Bros. Discovery , one that it took hostile today, includes funding from the Public Investment Fund (Kingdom of Saudi Arabia), L’imad Holding Company PJSC (Abu Dhabi)w, Qatar Investment Authority (Qatar) and Affinity Partners, the investment fund of President Donald Trump’s son-in-law Jared Kushner .
Abu Dhabi-based Lunate and Qatar’s sovereign wealth fund are both big investors in Affinity. The Kushner firm is also part of a group that’s agreed to buy Electronic Arts for $55 billion.
Paramount earlier Monday announced a hostile takeover offer for WBD , taking its arguments directly to shareholders after, it said, the company run by David Zaslav rebuffed its repeated overtures (six in total). WBD inked a deal instead to sell its studios

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