Paramount Skydance Corporation has amended its $30 per share all-cash offer to acquire Warner Bros. Discovery, Inc., addressing concerns previously raised by WBD regarding the financing of the deal. The revised proposal now includes an irrevocable personal guarantee from Larry Ellison for $40.4 billion of the equity financing, as well as any potential damages claims. Additional changes provide WBD with greater flexibility regarding debt refinancing and interim operations. The Ellison family trust, which owns approximately 1.16 billion shares of Oracle common stock, remains a key source of the equity backstop. Paramount Skydance’s wholly owned subsidiary, Prince Sub Inc., has extended the expiration date of the tender offer to January 21, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Skydance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-123496), on December 22, 2025, and is solely responsible for the information contained therein.
Comments