Paramount on Monday amended its hostile bid for Warner Bros. Discovery, adding an “irrevocable personal guarantee” from Larry Ellison in support of the $108 billion proposal. WBD last week raised a ...

Paramount Skydance on Monday doubled down on its hostile bid for Warner Bros. Discovery, amending its $30-per-share all-cash offer to include a massive personal guarantee from Oracle billionaire Larry ...

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 ...

[UPDATE, 6:40 p.m. ET: Warner Bros. Discovery’s board of directors issued a statement virtually identical to its Dec. 8 one, when it responded to Paramount Skydance’s previous tender offer. The ...

When business revs back up next week, Warner Bros. Discovery looks set to reject Paramount’s amended hostile takeover bid due in part to concerns at the delay that could dog its planned cable spinoff ...

In the latest twist in the Warner Bros. Discovery (WBD) takeover tussle, Paramount Skydance has said that Oracle Co-founder Larry Ellison will personally guarantee $40.4 billion in equity financing to ...

Paramount is sweetening its hostile takeover bid for Warner Bros. Discovery with an “irrevocable personal guarantee” from Larry Ellison, who is putting up billions of dollars to back the deal for his ...

Dec 22 (Reuters) - 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 ...

Oracle co-founder Larry Ellison has agreed to provide an “irrevocable personal guarantee” of $40.4 billion of the equity financing for Paramount’s $108.4 billion bid for Warner Bros. Discovery and any ...

If you thought the drama on HBO’s “Succession” TV series was intense, the real-world streaming wars are in the midst of a far more consequential episode of boardroom intrigue. The plot twist?