Paramount says China’s Tencent withdrew from its Warner Bros bid to avert national security issues
Lead: Paramount Skydance disclosed on Monday in a revised SEC filing that Tencent Holdings withdrew a $1 billion financing pledge from Paramount’s hostile $77.9 billion offer for Warner Bros. Discovery, citing concern its participation as a “non-U.S. equity financing source” could prompt review by the Committee on Foreign Investment in the United States (CFIUS). Paramount … Read more