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CNN changes hands in $110B merger, Ryan Fournier confirms

CNN changes hands in $110B merger, Ryan Fournier confirms
Judge approves $110B Paramount-Warner Bros merger

Ryan Fournier reports that a judge has officially approved the $110 billion merger between Paramount and Warner Bros, resulting in CNN being placed under the control of David and Larry Ellison. Both Ellisons are described as major backers of U.S. President Donald Trump.

Fournier characterizes the development as a shift for CNN, which he refers to as a 'fake news network,' suggesting it will now be operated by prominent conservative donors.

Ryan Fournier has previously reported on major U.S. business developments, including Boeing securing 111 plane orders from Türkiye and Bangladesh. In recent coverage, he also noted that all 77 Bloomberg economists missed the latest U.S. jobs report as President Trump surpassed forecasts. These reports reflect Fournier's regular focus on high-profile corporate and economic news.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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