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0 0 0.00134204169276185 0.00129283349736059 0.00134204169276185 -0.000626286123288963 -0.000626286123288963 -0.000626286123288963
Stock impact report

Kushner's Affinity Withdraws From Warner Bros. Takeover [Yahoo! Finance Canada]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Most Read from Bloomberg Affinity was helping to finance Paramount's move. The participation of Donald Trump's son-in-law in a deal that the president has said he would personally review drew a lot of unwelcome attention to Kushner, according to people familiar with the decision. Affinity's $200 million contribution to the financing was relatively minor, they said. The dynamics ?of an investment have changed since it became involved in the process in October, a representative for Affinity said. “With ?two ?strong competitors ?vying to secure ?the future ?of this ?unique American ?asset, ?Affinity ?has ?decided no longer to pursue ?the opportunity,” the investment firm said. “We ?continue to ?believe ?there is a strong strategic rationale for Paramount's offer.” Warner Bros. is planning to reject Paramount's offer due to concerns about financing and other terms, people familiar with the matter said Tuesday. The battle for Warner Bros. stands to reshape the entertainment indu Show less Read more
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