🗞️Hostile takeover attempt

...also Alina Habba resigns and $12 billion farm aid plan

December 08, 2025

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December 8th, 2025

What happened today 🇺🇸,

Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid | TechCrunch

Paramount Skydance on Monday launched a hostile, $108.4 billion bid to buy Warner Bros. Discovery, days after Warner Bros. agreed to be acquired by Netflix for $82.7 billion.

techcrunch.com/2025/12/08/paramount-goes-to-war-with-netflix-for-warner-bros-discovery-with-hostile-108-4b-bid

  • Paramount Skydance has launched a hostile $108.4 billion all-cash bid at $30 per share for all of Warner Bros. Discovery, offering shareholders $18 billion more than Netflix's $82.7 billion deal for just its studios and streaming business at $27.75 per share (cash and stock)…the offer, backed by Ellison family equity, RedBird Capital, and $54 billion in debt from major banks, criticizes Warner's board for choosing the lower-value Netflix proposal

  • Alina Habba has resigned as acting U.S. Attorney for New Jersey after a federal appeals court ruled her appointment unlawful for bypassing Senate confirmation under federal law

  • The U.S. Bureau of Labor Statistics announced it will not release the October Producer Price Index (PPI) report due to data collection disruptions from a government shutdown…the October report will be combined with November's delayed data for a joint release on January 14th, 2026

  • A U.S. federal judge ruled that President Trump's executive order halting new wind energy leases and permits is illegal…read more here

  • Semafor reported today that the U.S. Commerce Department is will approve exports of Nvidia's advanced H200 AI chips to China, marking a policy shift amid improved U.S.-China ties following a Trump-Xi trade truce

  • Former Democratic Rep., Colin Allred, has ended his 2026 Texas U.S. Senate campaign and will instead run for a newly drawn, Dallas-based 33rd Congressional District House seat and Congresswoman Jasmine Crockett (D-TX) has officially launched her bid for the 2026 Texas Senate seat

  • President Trump announced a $12 billion aid package for U.S. farmers, including up to $11 billion in one-time "Farmer Bridge Assistance" payments to row crop producers like soybeans and corn growers

  • U.S. average gas prices have fallen to $2.95 per gallon, which is the lowest since 2021

  • DOW down .45% / S&P down .35%

  • A trilateral meeting in New York between the U.S., Israel and Qatar was held in an attempt to repair relations after a deadly Israeli strike in Doha and to launch a new framework for closer coordination on security and diplomacy…it was hosted by White House envoy Steve Witkoff and the talks focused mainly on implementing the next phase of the Gaza peace deal

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