
A race to acquire Warner Bros. Discovery (NASDAQ:WBD) by Netflix Inc (NASDAQ:NFLX) and Paramount Skydance (NASDAQ:PSKY) intensified with an all-cash offer from the latter for the media company on Monday.
President Donald Trump has signaled he wants to be involved in the merger process and an event from the weekend could now spell trouble for one of the companies bidding on Warner Bros. Discovery.