Launches $30 Hostile Bid for Warner Bros. Discovery (And Trump Demands a 25% Cut on Nvidia’s China Sales)
Paramount Skydance went hostile with a $30 all-cash bid for Warner Bros. Discovery—$2.25 higher than Netflix’s offer—backed by Jared Kushner and cheered on by Trump, who publicly threatened Netflix’s deal. President Trump also announced Nvidia, AMD, and Intel can resume chip sales to China if the U.S. takes a 25% cut, raising serious concerns about executive overreach.
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