Dec 22 2025BUSINESS
The Big Bet: Larry Ellison Backs Paramount's Warner Bros. Discovery Bid
Larry Ellison, a tech billionaire and father of Paramount's CEO, has stepped up to personally guarantee a massive $40. 4 billion equity offer for Warner Bros. Discovery. This move is aimed at easing concerns raised by Warner Bros. Discovery's board about Paramount's initial proposal. Warner Bros. D
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