Ellison's $40B Guarantee in Warner Bros-Paramount Bidding War
Update: 2025-12-22
Description
Larry Ellison, Oracles billionaire founder, offers a $40 billion personal guarantee to back Paramounts $108 billion cash bid for Warner Bros Discovery, aiming to outbid Netflixs $83 billion deal. Paramounts guarantee comes from the Ellison family trust, valued at $228 billion, with assurances not to touch those assets during the deal. Netflix counters with $25 billion from banks, matching Paramounts breakup fee. Warner Bros must decide which suitor best safeguards its Hollywood legacy by the January 21st deadline.
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