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Paramount Skydance preliminary proxy statement opposing the proposed Netflix-WBD acquisition

This primary source from U.S. Securities and Exchange Commission supports 1 claim across 1 ledger entry.

Publisher
U.S. Securities and Exchange Commission
Published
2026-02-10
Source quality
primary

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Claims supported by this source

  1. factreported

    AP reported that three Gulf sovereign funds were providing $24 billion for Paramount's Warner Bros. Discovery bid. Paramount's later preliminary proxy identified the financing partners as Saudi Arabia's Public Investment Fund, Abu Dhabi's L’Imad Holding Company PJSC, and the Qatar Investment Authority, and said they agreed to surrender governance rights; Jared Kushner's Affinity Partners later withdrew from the consortium.

    Background of the Solicitation, lines 507 and 598; aggregate Gulf sovereign-fund commitment, named financing partners, and surrendered governance rights

    Gulf state funds supplied $24 billion of Paramount's initial WBD bid backing · Foreign fund governance rights surrendered; Affinity later withdrew