A private equity firm owned by President Donald Trump's son-in-law, Jared Kushner, pulled its financial backing on Tuesday from Paramount’s $108 billion hostile takeover bid to acquire Warner Bros. Discovery.Earlier this month, Paramount launched an all-cash tender offer partially financed by Kushner's private equity firm, Affinity Partners, to acquire the outstanding shares of Warner Bros. Discovery for $30.00 per share in cash, just days after Netflix had agreed to acquire Warner Bros. Discovery in a deal valued at $27.75 per share."With two strong competitors vying to secure the future of t...

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