But Paramount has reportedly been eyeing WBD for years and followed December's merger announcement with an aggressive hostile takeover bid. On Tuesday, in addition to raising its offer to buy all of WBD, Paramount also agreed to pay a $7 billion regulatory termination fee should a Paramount-WBD merger fail to close due to antitrust regulation, as well as a $0.25 per share ticking fee for every quarter that the deal doesn’t close, starting on September 30.
Afghanistan’s Taliban says open to talks after Pakistan bombs major cities
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Trump reduced tariffs on Vietnam and removed that country from the United States’s export controls list after the Hanoi government approved his family business’s $1.5bn golf course and real estate project.