Ellison guarantees US$40 billion for son’s Warner Bros. bid
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Oracle founder Larry Ellison agreed to backstop $40.4 billion in capital for Paramount Skydance's attempted acquisition of Warner Bros. Discovery.
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Larry Ellison retakes No. 3 richest spot from Jeff Bezos as Oracle shares rise on TikTok deal
The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.