A private equity firm owned by President Donald Trump's son-in-law, Jared Kushner, is no longer backing Paramount's hostile acquisition bid for Warner Bros. Discovery, the firm confirmed Tuesday.

The Warner Bros board, which held deliberations and reviews of the Paramount bid, still hold the view that Netflix's offer is a better one, according to the people who spoke to Bloomberg.

If the board moves ahead with this recommendation, it would signal Warner Bros Discovery's preference to back Netflix's ...

A private equity firm owned by Jared Kushner says it's no longer backing Paramount’s hostile acquisition bid for Warner Bros.

Kushner’s involvement had drawn scrutiny due to his close ties to Donald Trump, his father-in-law. Trump is expected to play ...

Jared Kushner's private equity firm says it is dropping out of the group of firms that planned to back Paramount Skydance's ...

The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.

Paramount Skydance's financing for its $108 billion bid for Warner Bros. Discovery took a blow on Tuesday as President Donald Trump's son-in-law, Jared Kushner, dropped out of the hostile-takeover ...

Trump reacted to the initial Netflix–Warner Bros/HBO deal with a mix of public skepticism and a clear warning that he ...

Warner Bros. Discovery (WBD), the massive media conglomerate that owns HBO, CNN and a number of other top brands in news and ...