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Standard General approached by Warner shareholder to acquire TV assets, FT says

Soo Kim, founder of New York hedge fund Standard General, has been approached by at least on shareholder of Warner Bros. Discovery (WBD) to acquire all or part of its cable television assets, James Fontanella-Khan, Sujeet Indap, and Oliver Barnes of The Financial Times reports, citing people briefed on the matter. Kim has been in discussions over buying or investing in the company’s TV networks, the sources added.

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