Kushner's Affinity Partners exits Paramount bid for Warner Bros. Discovery
CNBC·2025-12-16 21:46

Jared Kushner, Founder & CEO, Affinity Partners, speaks during the second day of the FII PRIORITY Summit held at the Faena Hotel on Feb. 20, 2025 in Miami Beach, Florida.Jared Kushner's firm Affinity Partners has dropped out of Paramount Skydance's hostile takeover bid for Warner Bros. Discovery."With ​two ​strong competitors ​vying to secure ​the future ​of this ​unique American ​asset, ​Affinity ​has ​decided no longer to pursue ​the opportunity," an Affinity spokesperson said in a statement."The dynamics ...