Your email has been successfully added to our mailing list.

×
0.000642361111111094 -0.00173611111111114 -0.00138888888888886 -0.00243055555555557 -0.00347222222222215 -0.00902430555555549 -0.00243055555555557 -0.00461458333333331
Stock impact report

Jared Kushner's Affinity Partners Backs Out of Paramount's Warner Bros. Discovery Bid | Report [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Jared Kushner's Affinity Partners is backing out of Paramount's all-cash, $30 per share bid for Warner Bros. Discovery, according to Bloomberg. Paramount previously confirmed the investment firm was a participant in its bid in a filing with the U.S. Securities and Exchange Commission. However, it was not disclosed how much the firm would be providing in financing. Kushner's participation posed a potential conflict of interest, as his father-in-law, President Donald Trump, has suggested he would be involved in the decision-making on a potential deal. Representatives for Paramount and Affinity Partners did not immediately return TheWrap's request for comment. The bid has a total of $40.7 billion in equity financing, which includes $11.8 billion from the Ellison family and $24 billion from Saudi Arabia's Public Investment Fund, the Qatar Investment Authority and Abu Dhabi's L'imad Holding Company. The Ellisons and Gerry Cardinale's RedBird Capital Partners have agreed to fully Show less Read more
Impact Snapshot
Event Time:
WBD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for WBD alerts
Opt-in for
WBD alerts

from News Quantified
Opt-in for
WBD alerts

from News Quantified