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Larry Ellison puts $40 billion on line to back Paramount's hostile WBD bid

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l_640975_120623_updates.jpg Larry Ellison puts $40 billion on line to back Paramount’s hostile WBD bid

Paramount comes with a new guarantee deal to win the WBD bid against Netflix.

The company announced that Oracle co-founder Larry Ellison will personally guarantee the entire $40.4 billion in equity...

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