ByTy Roush,
Forbes Staff.
Paramount Skydance discussed its hostile $108 billion bid for Warner Bros. Discovery with French President Emmanuel Macron this week as the company seeks support from European officials, Bloomberg reported Thursday, after Paramount said it would launch a proxy fight to prevent a merger with Netflix.
Senior executives from Paramount held talks with Macron and other senior French officials in recent days to discuss the bid, Bloomberg reported, citing people familiar with the matter.
The company met with UK officials in London on Thursday, while other meetings with the European Commission have also reportedly taken place this week, as either Paramount or Netflix will face regulatory scrutiny in the U.S. and from the European Commission after a deal is finalized.
