MINT·2025-12-09 06:44Core Insights - Jared Kushner's private equity fund Affinity Partners is involved in Paramount's hostile takeover bid for Warner Bros Discovery, which is valued at $108 billion [3][4][9] - Paramount's bid of $30 per share exceeds Netflix's offer of $27.75 per share, with Paramount seeking the entirety of Warner Bros, while Netflix is focused on the studios and streaming business [9] Group 1: Involvement and Implications - The involvement of Jared Kushner is significant due to his relationship with Donald Trump, who has raised antitrust concerns regarding the Netflix-Warner Bros deal and stated he will personally oversee these issues [2][4][9] - Paramount's press release did not disclose Affinity's participation in the bid, raising questions about transparency [4][9] Group 2: Investor Composition - The consortium backing Paramount's bid includes notable investors such as Abu Dhabi's L'imad Holding Company, Saudi Arabia's Public Investment Fund (PIF), and the Qatar Investment Authority (QIA), with financial backing from Bank of America, Citigroup, and Apollo Global Management [7] - China's Tencent, which was initially part of Paramount's bid, has withdrawn from the deal [7] Group 3: Governance and Strategy - Participants in the bid have agreed to forgo governance rights associated with their non-voting equity investments, which may help mitigate government scrutiny [6] - Paramount is led by David Ellison, whose family ties to Donald Trump have been noted, although the President has downplayed concerns regarding these connections [8]