Billionaire Larry Ellison has stepped up, agreeing to personally guarantee part of Paramount's bid for rival Warner Bros. Discovery. Ellison's personal guarantee of $40.4 billion in equity, disclosed ...
Mr. Ellison’s personal guarantee is meant to address concerns that the Warner Bros. Discovery’s board had expressed about Paramount’s original offer. By Lauren Hirsch Paramount said on Monday that ...
Paramount Skydance guaranteed the backing of billionaire Larry Ellison in its hostile bid for Warner Bros. Discovery. WBD Chairman Samuel Di Piazza previously said the board was not confident Ellison ...
Larry Ellison is throwing his personal fortune behind Paramount Skydance Corp.’s bid for Warner Bros. Discovery Inc., aiming to give his son’s company an advantage in a fiercely contested takeover ...
Paramount Responds To WBD Concerns About Hostile Bid, Offering New Larry Ellison Financing Guarantee
Paramount on Monday amended its hostile bid for Warner Bros. Discovery, adding an “irrevocable personal guarantee” from Larry Ellison in support of the $108 billion proposal. WBD last week raised a ...
Dec 22 (Reuters) - Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from selling its ...
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