Ellison Backs Paramount's $40B Warner Bid, Boosts Breakup Fee

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Oracle founder Larry Ellison backs Paramounts $40.4 billion bid for Warner Bros. Discovery, offering a personal guarantee and increasing the breakup fee. Paramount also extends the shareholder tender deadline, intensifying the media merger battle.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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