Paramount Skydance Corporation Aktie News

Paramount wants Warner Bros. Warner Bros.

Paramount executives have begun speaking to WBD shareholders to gauge their interest in tendering their shares against the recommendation of WBD's board to sell its studio and streaming assets to Netflix. Paramount altered its offer Monday with a personal guarantee from Oracle co-founder Larry Ellison backstopping $40.4 billion in equity funding for a deal.

Larry Ellison will personally guarantee the $40 billion in equity financing in Paramount's latest offer for Warner Bros. Discovery.

Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to streaming giant Netflix.

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) has restructured part of the financing for its proposed acquisition of Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A), while Oracle co-founder Larry Ellison has provided a personal guarantee to support a competing Paramount Skydance (NASDAQ:PSKY) bid, moves aimed at assuring WBD's board and shareholders that both offers are fully funded. Warner Bros last ...

Paramount revised its Warner Bros. Discovery bid, adding a $40.4 billion guarantee by Larry Ellison.

Larry Ellison now provides a “personal guarantee” of $40 billion of the financing for Paramount's $108 billion offer to buy Warner Bros. Discovery.

WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal