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Paramount Skydance denies reports of foreign-backed $71B bid for Warner Bros. Discovery.
Paramount Skydance has denied reports of partnering with sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi on a $71 billion bid for Warner Bros.
Discovery, calling the claims "categorically inaccurate."
The denial follows speculation about foreign investment backing the potential acquisition, which has sparked interest from other major players like Comcast and Netflix.
Warner Bros.
Discovery, facing financial challenges, remains under pressure as the Nov. 20 bid deadline approaches.
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Paramount Skydance niega los informes de una oferta de $ 71 mil millones respaldada por el extranjero para Warner Bros. Descubrimiento.