Elizabeth Warren Condemns Paramount’s Hostile WBD Bid: ‘Backed by Who’s Who of Trump Buddies’

Just hours after Paramount launched a hostile takeover bid for Warner Bros. Discovery, Elizabeth Warren condemned the bid as a “five-alarm antitrust fire” “backed by a who’s who of Trump buddies.”

“A Paramount Skydance-Warner Bros. merger would be a five-alarm antitrust fire and exactly what our anti-monopoly laws are written to prevent,” Warren wrote in a Monday statement.

“Paramount Skydance’s new hostile bid is backed by a who’s who of Trump buddies, from Jared Kushner’s private equity firm to the Ellison family to money flowing from the Middle East — raising serious questions about influence-peddling, political favoritism, and national security risks,” the statement continued. “The Department of Justice and the Committee on Foreign Investment in the United States must review any Warner Bros. deal based on the law and facts, not who sucked up the most to Donald Trump.”

More to come …

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