Paramount’s merger: all the news on the drawn-out takeover drama
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David Ellison’s friends have deep pockets.
While Tencent and Jared Kushner’s private equity firm are no longer contributing to Paramount’s $110 billion bid to buy Warner Bros. Discovery, The Wall Street Journal reports that $24 billion of the proposed deal is still being provided by sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi.
Gulf Funds Agree to Back Paramount’s $81 Billion Takeover of Warner
[The Wall Street Journal]
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