Ellison personally backs Paramount’s revised Warner Bros bid with $40.4B guarantee

Oracle co-founder Larry Ellison has pledged a $40.4 billion personal guarantee to strengthen Paramount Skydance’s hostile all-cash offer to acquire Warner Bros. Discovery, addressing concerns over financing and trust backing. The amended bid keeps the $30 per share valuation and boosts breakup fees to match Netflix’s competing proposal, with the tender deadline extended to January 21, 2026 as shareholders weigh their options.