Paramount Skydance gets Larry Ellison’s guarantee for Warner Bros. Discovery deal
New Delhi [India], December 23 (ANI): Paramount Skydance, a media and entertainment company, has amended its all-cash takeover offer for Warner Bros. Discovery (WBD), addressing concerns raised by WBD’s board by securing a personal financial guarantee from billionaire Larry Ellison.
In a statement, Paramount said Ellison has agreed to provide an irrevocable personal guarantee of USD 40.4 billion.
