Dec 22 : 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 prized Hollywood assets to streaming giant Netflix.The guarantee, disclosed in a filing on Monday, seeks to allay the Warner

Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. But Warner Bros last week described the Paramount offer as risky, saying it was backed by "an unknown and opaque revocable trust" and involved "no Ellison family commitment of any kind."

Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. But Warner Bros last week described the Paramount offer as risky, saying it was backed by "an unknown and opaque revocable trust" and involved "no Ellison family commitment of any kind."

Mr. Ellison’s personal guarantee is meant to address concerns that the Warner Bros. Discovery’s board had expressed about Paramount’s original offer.

Warner Bros. rejected an initial Paramount bid, and is pursuing a deal with Netflix for its movie, television and streaming assets.

Paramount Skydance, seeking to reassure Warner Bros. Discovery shareholders that its hostile takeover bid is solid, said that Larry Ellison has made an "irrevocable personal guarantee of $40.4 billion" toward its $108 billion all-cash offer for WBD.

Dec 22 : Oracle ‌co-founder Larry Ellison has agreed to provide a personal guarantee of $40.4 billion in equity financing to back the all-cash bid by Paramount Skydance's bid for Warner Bros Discovery, a regulatory filing showed on Monday. The guarantee is expected to bolster the deal financing terms, whi

Dec 22 : Oracle co-founder ‌Larry Ellison will provide a personal guarantee of $40.4 billion in equity financing to back Paramount Skydance's all-cash $108.4 billion bid for Warner Bros Discovery, a regulatory filing showed on Monday. The guarantee aims to address Warner Bros board's doubts over Paramount'

Dec 22 : ‌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 prized Hollywood assets to streaming giant Netflix.The guarantee, disclosed in a filing on Monday, seeks to allay the Warner