The two companies formally signed a merger agreement in February, which will see Paramount acquire Warner Bros at $31 per share of the company, along with solutions to WBD's debt financing costs.
President Donald Trump is reportedly being honored at a dinner hosted by Paramount CEO David Ellison, who may be the next owner of CNN as he pursues a Warner Bros. Discovery takeover.
David Ellison, whose Paramount Skydance is awaiting closure of its massive deal to swallow up Warner Bros. Discovery, will host an invitation-only dinner next week "honoring" President Donald Trump and CBS News' White House correspondents.