A private equity firm owned by President Donald Trump's son-in-law, Jared Kushner, is no longer backing Paramount's hostile acquisition bid for Warner Bros. Discovery, the firm confirmed Tuesday.

Kushner’s involvement had drawn scrutiny due to his close ties to Donald Trump, his father-in-law. Trump is expected to play a role in the government approval process for any acquisition of Warner ...

A private equity firm owned by Jared Kushner says it's no longer backing Paramount’s hostile acquisition bid for Warner Bros ...

Kushner's private equity firm, Affinity Partners, is backing out of Paramount's $108 billion WBD bid.

Jared Kushner's Affinity Partners is exiting Paramount's $108 billion hostile bid for Warner Bros., as the studio's board ...

The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.

Warner Bros. Discovery (WBD), the massive media conglomerate that owns HBO, CNN and a number of other top brands in news and ...

Jared Kushner's private equity firm says it is dropping out of the group of firms that planned to back Paramount Skydance's ...

Affinity Partners had planned to back a bid by Paramount Skydance to acquire all the assets of media giant Warner Bros.

Affinity Partners, Mr. Kushner’s private equity firm, played a small financial role in Paramount’s $108 billion offer, but it ...