Sen. Elizabeth Warren accused President Donald Trump of raising serious ethics concerns after disclosures showed he invested in Netflix and Warner Bros. Discovery while publicly weighing in on their proposed merger,

The battle to acquire Warner Bros. Discovery has reached a fever pitch in recent weeks. Paramount Skydance launched a hostile takeover bid and a subsequent proxy fight. Paramount has asserted that Warner Bros.

The executive has also met with European regulators, while his $108.4 billion offer for WBD is under review by the U.S. Department of Justice

The action during the past two weeks has quietly shifted across the Atlantic, where regulators must also approve any acquisition of the company known as WBD, sources said.

Along with France and the U.K., the Paramount Skydance chairman is also traveling to Germany to meet with political leaders and entertainment figures.

The David Ellison-led company filed a lawsuit looking to force Warners into showing its work on how it determined Netflix's offer was better than its own.

The chatter comes as the brain trust at Paramount Skydance – run by Hollywood director David Ellison and his mega billionaire father Larry Ellison – announced they are launching a proxy fight for

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $27.44, with a high estimate of $32.00 and a low estimate of $25.00. Marking an increase of 20.03%, the current average surpasses the previous average price target of $22.86.