Paramount makes stunning new bid to buy Warner Bros with $40BILLION guarantee from mega-rich Oracle boss Larry Ellison ⊕
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a story from The Daily Mail 💩 › The Daily Mail
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2025 › December › 22
Larry Ellison
7 months ago
Larry Ellison, the billionaire father of Paramount CEO David Ellison, put up the sum as a guarantee on Monday following complaints from Warner's board.
Larry Ellison provides personal guarantee for Paramount takeover of Warner Bros Discovery ○
WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal
The tech billionaire Larry Ellison has agreed to…
Paramount guarantees Larry Ellison backing in amended WBD bid ⊕
Paramount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's.
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