Jared Kushner, Trump’s Son-in-Law, Backs Out of Paramount’s Warner Bros. Discovery Bid

Jared Kushner’s Affinity Partners investment firm is no longer part of Paramount Skydance’s acquisition bid for Warner Bros. Discovery. Affinity Partners said in a statement to Bloomberg, which first reported the news: “With two ​strong competitors ​vying to secure ​the future ​of this ​unique American ​asset, ​Affinity ​has ​decided no longer to pursue ​the opportunity. We ​continue to ​believe ​there is a strong strategic rationale for Paramount’s offer.” […]