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Trump-Backed Ellison Eyes Warner Bros. Discovery Bid

10/24/2025

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Summary

Story summary

David Ellison, CEO of Paramount Skydance, is pursuing a bid for Warner Bros. Discovery with backing from U.S. President Donald Trump.
His current offer is $24 per share, with a possible hostile bid.
Trump's backing could ease regulatory hurdles, as Ellison's father, Larry Ellison, is a close ally of the president.
Warner Bros. Discovery CEO David Zaslav faces pressure to sell, aiming for $30 per share after rejecting Ellison's offers.

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Story summary

David Ellison, CEO of Paramount Skydance, is pursuing a bid for Warner Bros. Discovery with backing from U.S. President Donald Trump.
His current offer is $24 per share, with a possible hostile bid.
Trump's backing could ease regulatory hurdles, as Ellison's father, Larry Ellison, is a close ally of the president.
Warner Bros. Discovery CEO David Zaslav faces pressure to sell, aiming for $30 per share after rejecting Ellison's offers.