Tag: Paramount

Oracle founder Larry Ellison. (AFP)
Posted in Business

Larry Ellison gives $40-bn personal guarantee for Paramount-Warner Bros deal| Business News

Oracle ‍co-founder Larry Ellison has agreed to provide a personal guarantee of $40.4 billion of the equity financing ⁠for Paramount ⁠Skydance Inc.’s offer to ⁠acquire…

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While Netflix has the support of Warner Bros.’ board, it faces regulatory and political hurdles to get the acquisition over the line. (Reuters)
Posted in Business

Netflix refinances part of $59 billion loan for Warner Bros. bid| Business News

Netflix Inc. has refinanced part of a $59 billion bridge loan to support its potential acquisition of Warner Bros. Discovery Inc. While Netflix has the…

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One major sticking point is Warner Bros.’ concern about financing proposed by Paramount, which is led by billionaire Larry Ellison's son David Ellison. (Bloomberg)
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Warner Bros plans to reject Paramount bid for Netflix’s smaller offer| Business News

Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with…

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Entertainment giant Paramount, now renamed Paramount Skydance, is attempting a hostile takeover bid for Warner Bros. Discovery worth $108.4 billion. (Getty Images via AFP)
Posted in Business

Warner Bros fight heats up with Paramount’s $108 billion hostile bid| Business News

Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery, in a last-ditch effort to outbid Netflix and create a…

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Warner Bros. Studios
Posted in Business

Netflix Makes Majority Cash Bid for Warner Discovery| Business News

Netflix has sweetened its offer for Warner Bros. Discovery in a second round of bids as it tries to outdo rival Paramount. Warner Bros. Studios…

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