Washington, United States, Dec 22, 2025 (AFP) - Billionaire Ellison offers personal guarantee for son's bid for Warner Bros

NAMPA / AFP
2025-12-22
Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. Discovery, deepening a bidding war with Netflix, a statement said on Monday. The amended proposal, worth a total $108 billion from the company run by Ellison's son David, addresses concerns raised by Warner Bros' board, which saw the Paramount bid as too risky and asked shareholders to accept a competing buyout offer fr......
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