Paramount denies report its working with Saudis,…
Paramount Skydance rejected a report that it’s working with a consortium of Middle Eastern sovereign wealth funds on a $71 billion offer for Warner Bros. Discovery, calling it “categorically inaccurate.”
Variety reported on Tuesday that David Ellison’s Paramount Skydance is placing together the huge bid in conjunction with Saudi Arabia’s Public Investment Fund, the Qatar Investment Authority and the Abu Dhabi Investment Authority, citing nameless sources with data of the matter.
“The information Variety published is categorically inaccurate,” a rep…
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