Father’s guarantee: Oracle co-founder Larry Ellison backstops son’s $78bn Paramount bid for Warner Bros. Discovery | Business

Ravi Singh7 hours ago03 mins

Oracle co-founder Larry Ellison has stepped in to personally guarantee more than $40bn in financing for Paramount Skydance’s hostile $78bn bid for Warner Bros. Discovery. The move follows open scepticism from WBD’s board over whether the offer was fully funded and capable of closing. By putting his own wealth on the line, Ellison aims to…

Trump turns on CBS, Kushner pulls out and Paramount’s hostile bid for Warner Bros. shows signs of collapse

Ravi Singh6 days ago03 mins

Paramount’s hostile bid for Warner Bros. showed signs of unraveling just moments after President Donald Trump aired fresh grievances about the flagship newsmagazine 60 Minutes. Just hours after Trump’s latest lashed out at CBS News, accusing the Paramount-owned network of treating him “far worse” since its new ownership took over earlier this year, Jared Kushner…