Jared Kushner, Trump’s Son-in-Law, Backs Out of Paramount’s Warner Bros. Discovery Bid
By Todd Spangler
According To The variety Jared Kushner‘s Affinity Partners investment firm is no longer part of Paramount Skydance‘s acquisition bid for Warner Bros. Discovery, Variety has confirmed.
Affinity Partners said in a statement to Bloomberg, which first reported the news: “With two strong competitors vying to secure the future of this unique American asset, Affinity has decided no longer to pursue the opportunity. We continue to believe there is a strong strategic rationale for Paramount’s offer.” Variety has reached out to Affinity Partners for additional info.
Kushner is married to Ivanka Trump, the daughter of President Donald Trump. Paramount, led by chairman and CEO David Ellison, has launched a hostile takeover ...






