Paramount says Larry Ellison "agreed to provide an irrevocable personal guarantee of $40.4B" for its hostile WBD bid, but did not increase its $30 per share bid (Sara Salinas/CNBC)
Sara Salinas / CNBC:
Paramount says Larry Ellison “agreed to provide an irrevocable personal guarantee of $40.4B” for its hostile WBD bid, but did not increase its $30 per share bid — Paramount Skydance on Monday guaranteed the backing of billionaire Larry Ellison in an amended offer for Warner Bros. Discovery …