Paramount Skydance Says Larry Ellison Has Made ‘Irrevocable Personal Guarantee’ of $40.4 Billion Toward Warner Bros. Discovery Bid

Paramount Skydance, seeking to reassure Warner Bros. Discovery shareholders that its hostile takeover bid is solid, said that Larry Ellison has made an “irrevocable personal guarantee of $40.4 billion” toward its $108 billion all-cash offer for WBD. Paramount announced Monday that it continues to offer to purchase, for $30 per share in cash, 100% of […]