Ellison Backs $108B Paramount Bid for Warner Bros. Discovery
Update: 2025-12-22
Description
Paramount Skydance makes a massive $108B all-cash offer for Warner Bros. Discovery, backed by Larry Ellisons $40.4B personal guarantee. The bid aims to derail Netflix merger, supported by Saudi, Qatari, and Abu Dhabi sovereign wealth funds. Paramount verifies family assets, adds debt refinancing flexibility, and extends deadline, hoping to sway Warner Bros. Discoverys board and shareholders.
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