After Paramount CEO David Ellison's father, Larry Ellison, backed up the new bid for Warner Bros. Discovery, the
#WBD board is weighing the new offer against
#Netflix's bid.
The elder Ellison 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 damages claims against Paramount.
🔗Catch up on the seemingly endless saga at the link in bio.
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