Paramount sweetens WBD bid, stops short of raising value

Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called ticking fee to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30…

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Trump backs Nexstar’s proposed acquisition of Tegna

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images President Donald Trump on Saturday endorsed Nexstar Media‘s proposed $6.2 billion acquisition of Tegna, just months after criticizing the deal. “We need more competition against THE ENEMY, the Fake News National TV Networks,” Trump wrote in a Truth Social post. “Letting Good Deals get done…

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