Paramount Skydance Denies That Its Warner Bros. Discovery Bid Involves Arab Sovereign Wealth Funds – Variety
UPDATED: Paramount Skydance has denied a Variety report that the company was forming an investment consortium with the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi to submit a bid for Warner Bros. Discovery, “The information Variety published is categorically inaccurate,” a rep for Paramount Skydance said in a statement. “This is a…
