David Ellison's $111B Paramount Deal Faces Trump Antitrust Review

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Paramount Global will acquire Warner Bros. Discovery for $111B after Netflix co-CEOs Ted Sarandos and Greg Peters declined to match the $31-per-share offer.Donald Trump announced he would personally oversee the antitrust review after David Ellison reportedly promised significant changes at CNN.The merger is supported by Larry Ellison's $45.7B guarantee and $57.5B in bank loans, though it faces a $7B penalty if regulators block it.Netflix will receive a $2.8B breakup fee while Susan Rice remains on its board despite public pressure and warnings from Donald Trump.
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