US EditionParamount says China’s Tencent withdrew from its Warner Bros bid to avert national security issues
Tencent withdrew $1 billion from Paramount's $77.9 billion Warner Bros. bid due to potential U.S. national security review by the Committee on Foreign Investment in the United States.
- Paramount says China's Tencent withdrew from its Warner Bros bid to avert a possible national security review.
- The U.S. government group CFIUS has the power to force companies to change ownership structures or divest completely from the U.S. for national security reasons.
- Tencent, the world's largest equity investor in online games, denies that it has ties to China's military.
42 Articles
42 Articles
Richmond Times-Dispatch
China's Tencent withdraws from Warner Bros bid
BANGKOK — Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.
Democratic Reps Warn WBD That Paramount’s Takeover Bid Raises National Security Concerns Over Saudi and Other Foreign Investors
Democratic lawmakers expressed "serious national security concerns" over Paramount Skydance's acquisition offer for Warner Bros. Discovery.
Paramount says China’s Tencent withdrew from its Warner Bros bid to avert national security issues
Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.
Associated Press News
China's Tencent quits Paramount's bid for Warner Bros to avert national security questions
Chinese gaming and social media giant Tencent Holdings has withdrawn from Paramount Skydance Corp.'s bid to buy Warner Bros Discovery.
Paramount says China's Tencent withdrew from its Warner Bros bid to avert national security issues
Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review. Paramount's revised filing with the U.S. Securities and Exchange Commission of its takeover bid said the Chinese company had dropped its $1 billion financing commitment out of concern, since it would be a “non-U.S. equity financing source,” that its bid might be subjec…
Coverage Details
Bias Distribution
- 59% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
