Oracle's Larry Ellison guarantees $40.4 billion in equity financing for Paramount Skydance's Warner Bros bid
Larry Ellison has agreed to personally guarantee $40.4 billion in equity financing for Paramount Skydance's all-cash offer for Warner Bros. Discovery. Shares of Warner Bros. Discovery rose 2.5% and Paramount Skydance shares climbed 1.6% as competition for media assets intensifies.
Larry Ellison has agreed to personally guarantee $40.4 billion in equity financing for Paramount Skydance's all-cash offer for Warner Bros. Discovery. Shares of Warner Bros. Discovery rose 2.5% and Paramount Skydance shares climbed 1.6% as competition for media assets intensifies.
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