Mergers, Acquisitions and Divestitures

• Paramount Makes Hostile Bid for Warner Bros. Discovery - The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.
• Trump Looms Over Netflix’s Deal for Warner Bros. Discovery - President Trump said the acquisition “could be a problem,” suggesting he will insert himself into the regulatory review of the transaction.
• Bessent Divested From Soybean Farms After Ethics Office Warning - The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.
• Warner Bros. Discovery and Netflix Said to Be in Exclusive Talks - Netflix would acquire Warner television and film studios as well as HBO Max in a deal that would bulk up the world’s biggest paid streaming service.