Trump Bets Netflix Debt Amid Warner Bros. Battle
TL;DR
New White House disclosures show President Trump bought Netflix bonds worth between $600,000 and $1.25 million in January, adding to similar December purchases, as Paramount pressed Warner Bros. Discovery over Netflix. The Netflix deal later collapsed, with Netflix paying a $2.8 billion breakup fee; Trump also held other bonds. A White House official said the investments track indexes and are managed by independent advisors.
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