Reuters and Bloomberg published articles revealing that President Trump's son-in-law Kushner is intervening in the bid for Warner Bros. through Paramount, aiming to undercut Netflix.
The report said that in Paramount's $108 billion hostile takeover of Warner Bros. Discovery on Monday, Kushner and his investment company played a financing role.
Meanwhile, Trump told the media on Sunday that the previous Netflix acquisition of Warner Bros. Discovery might have problems because the combined market share would be too large; he also said he would personally participate in the federal government's review of the deal.
Reuters article pointed out that this involved the interests of the Trump family in one of the largest media mergers in recent years, raising concerns about whether the president's influence could tip the scales.
The article also revealed that Trump's billions of dollars in real estate, golf, media, and other business interests are currently placed in trust funds managed by his children. However, he can withdraw assets from the trust after leaving office to enjoy the wealth being created now.
Original: toutiao.com/article/1851015065437195/
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