Larry Ellison will personally guarantee $40 billion

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Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.
Warner Bros. is in the middle of a tug-of-war between Netflix and David Ellison’s company, Paramount Skydance.

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Larry Ellison guarantees $40.4 billion in Paramount's hostile bid for Warner Bros. Discovery
Inside Larry Ellison’s $793 Million Property Portfolio as He Personally Mounts Bid For Warner Bros
Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion
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 ...

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Paramount Skydance Says Larry Ellison Has Made ‘Irrevocable Personal Guarantee’ of $40.4 Billion Toward Warner Bros. Discovery Bid
Netflix Refinances Part of $59 Billion Loan for Warner Bros.
Larry Ellison Steps Up His Bid to Help Paramount Pull Warner Bros. From Netflix
Shares of Paramount are up more than 5% following the announcement, and Warner Bros.' are up roughly 3%. Meanwhile, Netflix (NFLX) is down about 1%.

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Larry Ellison puts $40 billion behind Paramount's Warner Bros. bid
Ellison offers $40.4 billion guarantee to beef up Paramount's Warner Bros bid

Larry Ellison net worth: How much does Oracle CTO earn amid buzz over $40 bn backing for son's Warner Bros bid?

Larry Ellison has pledged $40.4 billion to support Paramount and Skydance in their bid to acquire Warner Bros. assets, countering Netflix's offer. Following the news, Warner Bros. shares rose nearly 4% and Paramount's by about 3%.

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.
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