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Warner Bros favours Netflix offer over $108bn Paramount bid BBCWarner Bros. Urges Shareholders to Reject Paramount Takeover Bid, Saying Ellisons ‘Misled' Them The New York TimesWarner Bros board slams Paramount takeover bid as shareholders face $72B Netflix choice decision Fox BusinessJared Kushner pulls out of Paramount's hostile bi
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The competition continues.
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Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders.
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Affinity Partners, Mr. Kushner's private equity firm, played a small financial role in Paramount's $108 billion offer, but it had attracted political attention to the deal.
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