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Paramount sweetens hostile bid for Warner Bros. Discovery with $40.4 billion guarantee from Larry Ellison

Skydance-owned Paramount amended its hostile bid offer for Warner Bros. Discovery on Monday, announcing Larry Ellison would personally back the bid. Paramount says the amendment follows a Warner Bros. request for a personal guarantee from Larry Ellison, Oracle founder, father of Paramount CEO David ......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/news/business/4355833/paramount-sweetens-hostile-bid-warner-bros/