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Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion | CNN Business

Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion | CNN Business

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to ...

So, it will be Larry Ellison, not the Saudis, who will be putting up the additional $40 billion to win the hostile takeover of WBDiscovery over Netflix.

And he’s going to allow investors some greater visibility into the Ellison family trust.

As someone who respected the way Americans once took antitrust mechanisms and actions deeply seriously, this doesn’t give much comfort.

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