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0 0 -0.000420168067226807 -0.00420168067226882 0 -0.00420168067226882 -0.000840336134453764 0.00168067226890753
Stock impact report

Trump Bought Netflix and Warner Bros. Discovery Bonds After Merger Was Announced [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
Discovery in the days after the two companies unveiled their blockbuster $83 billion merger, placing the White House in an awkward financial overlap with a deal his own administration may soon be asked to approve. A financial disclosure released this week revealed Trump acquired up to $1 million in corporate bonds from Netflix and a similar amount from entities linked to WBD, according to The Hollywood Reporter , shortly after the agreement was announced . The purchases were split across two December transactions and disclosed in broad value ranges, rather than exact figures. While bonds are not shares and do not convey ownership or voting power, they do make the holder a creditor and someone who profits when a company remains solvent and stable. The distinction may be cold comfort if the Netflix–WBD deal heads toward regulatory scrutiny. Any final decision would likely involve the Department of Justice, which would assess whether the merger harms competition. The White House Show less Read more
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