Kushner pulls firm’s financing of Paramount’s hostile bid as Warner Bros. pushes shareholders to reject it

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One of Jared Kushner’s firms announced on Tuesday that it is exiting the takeover battle for Warner Bros. Discovery, after previously helping finance Paramount Skydance’s bid to acquire the entertainment company.

Kushner, who founded Affinity Partners, is President Donald Trump’s son-in-law and is known as one of his top informal advisers.

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