Particle.news
Download on the App Store

White House Disclosure Shows Trump Bought Netflix and WBD Bonds Days After Merger Announcement

The purchases were executed by independent financial managers, according to a White House official.

Overview

  • The Jan. 14 filing reports two Netflix bond buys on Dec. 12 and Dec. 16, each in the $250,001–$500,000 range, with maturities in November 2029.
  • Two Discovery Communications LLC bond purchases were made on the same December dates, each for $250,001–$500,000, with 2030 maturities.
  • The disclosure lists dozens of transactions totaling well over $100 million, spanning corporate and municipal debt across multiple issuers.
  • Netflix’s roughly $83 billion cash-and-stock agreement to acquire major Warner Bros. Discovery assets, announced Dec. 5, remains subject to regulatory and shareholder approvals and is targeted to close in 12–18 months.
  • Paramount has launched a hostile tender for WBD as regulators review the Netflix deal, with shareholder votes expected in late spring or early summer.