tiprankstipranks
Advertisement
Advertisement

Tencent to invest in Paramount’s acquisition of Warner Bros, Bloomberg says

Tencent (TCEHY) plans to invest several hundred million dollars on Paramount Skydance’s (PSKY) acquisition of Warner Bros Discovery (WBD), Dong Cao and Manuel Baigorri of Bloomberg reports, according to people familiar with the matter. Tencent would act as a passive investor, the sources added.

Meet Samuel – Your Personal Investing Prophet

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1