Paramount Skydance CEO David Ellison is reluctant to “overpay” for his larger rival Warner Bros. Discovery – and the Hollywood mogul believes there are good reasons he probably won’t have to go much over $25 a share, sources told On The Money.

That’s because he’s got Donald Trump in his corner.

As reported by The Post, the owner of Paramount, CBS and Comedy Central in recent days has offered $24 a share for WBD (“$23.50 to be exact,” said one source with knowledge of the bid), the parent of HBO and CNN. On Tuesday, WBD said it has received “unsolicited interest” from prospective buyers and that it’s willing to sell. 4

While WBD’s stock surged 11% on that news, recently closing at $20.53, Paramount Skydance has no plans to raise his offer above $25, sources close to the situation

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