Paramount Sweetens Hostile Bid for Warner Bros. Discovery With $40bn Personal Guarantee From Larry Ellison
Paramount has escalated its hostile takeover attempt of Warner Bros. Discovery (WBD) by announcing that Oracle founder Larry Ellison will personally guarantee the full equity portion of the proposed deal, a move aimed at easing concerns over its financing structure. In a statement released on Monday, Paramount said Ellison will back the entire $40.4 billion…
