Larry Ellison's $40B Guarantee Boosts Paramount's Warner Bros. Bid
TL;DR Summary
Warner Bros.' fifth-largest shareholder criticizes Ellison's $40 billion guarantee as insufficient for Paramount's revised bid, highlighting ongoing tensions in the media industry deal negotiations.
- Warner Bros. Fifth-Largest Shareholder Labels Ellison’s $40B Guarantee as ‘Not Sufficient’ for Paramount’s Revised Bid TipRanks
- Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros. Yahoo Finance
- Paramount's new offer for Warner Bros is not sufficient, major investor says Reuters
- Larry Ellison's $40 billion pledge to son's Paramount deal shows a shift in billionaire giving Fortune
- Larry Ellison’s Pledge to Backstop Paramount Bid Would Reshape Fortune Bloomberg.com
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