Paramount includes personal guarantee from Larry Ellison

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Paramount guarantees Larry Ellison backing in amended WBD bid
Paramount Skydance guaranteed the backing of billionaire Larry Ellison in its hostile bid for Warner Bros. Discovery. WBD Chairman Samuel Di Piazza previously said the board was not confident Ellison would be as involved as stated.

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Paramount Responds To WBD Concerns About Hostile Bid, Offering New Larry Ellison Financing Guarantee
Paramount’s Bid for Warner Bros. Gets Big Boost From Oracle’s Larry Ellison
Paramount's new offer for Warner Bros is not sufficient, major investor says
Paramount Skydance's (PSKY.O) latest offer to buy Warner Bros Discovery (WBD.O) still is not good enough for prominent shareholder Harris Oakmark, the investor told Reuters on Friday.

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Paramount has an updated Warner Bros. Discovery bid
Oracle's Larry Ellison agrees to backstop $40.4 billion in financing for Paramount acquisition of Warner Bros.
Paramount Skydance Says Larry Ellison Has Made ‘Irrevocable Personal Guarantee’ of $40.4 Billion Toward Warner Bros. Discovery Bid
David Ellison said in a statement: “Paramount has repeatedly demonstrated its commitment to acquiring WBD. Our $30 per share, fully financed all-cash offer was on December 4th, and continues to be, th...

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Larry Ellison’s $40 billion pledge to his son’s Paramount deal shows a shift in billionaire giving: Philanthropic capitalism is taking over
Larry Ellison Steps Up His Bid to Help Paramount Pull Warner Bros. From Netflix
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Paramount stock (PSKY) gains on Larry Ellison backstop as WBD reviews revised $30/share offer

Paramount Skydance ($PSKY) stock surged 4.3% yesterday after Oracle ($ORCL) CEO Larry Ellison offered a personal guarantee of up to $40.4 billion

Paramount’s Latest WBD Bid Is Family Business

Looks like Paramount CEO David Ellison channeled his inner Veruca Salt and said, “I want it now, Daddy.” On December 22, Paramount Skydance announced that its hostile bid to buy Warner Bros. Discovery now includes a $40.
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Paramount Skydance secures Larry Ellison's $40.4B backing after WBD board raised doubts about his involvement

Last week, Warner Bros. Discovery's board expressed concerns about Paramount’s offer, citing a lack of confidence in Ellison’s involvement.

Inside the Fractious WBD-Paramount Deal Talks: Ellisons Offered Zaslav Pay Package Worth ‘Several Hundred Million Dollars,’ Which Zaslav Said Was ‘Inappropriate’ to Discuss

WBD presented a chronology of events and meetings that occurred, leading to its deal to sell Warner Bros. studios and HBO Max to Netflix, following by David Ellison’s hostile takeover bid and the WBD board’s official rejection of the $30/share bid on Dec.
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