Larry Ellison Pledges Billions to Strengthen Paramount’s Warner Bros. Discovery Bid

David Ellison, who leads the offer and is the son of Larry Ellison, has increased the potential breakup fee to $5.8 billion – the same amount offered by Netflix – in case the deal doesn’t get approved by regulators. Paramount is still offering $30 per share for all Warner Bros. Discovery (WBD) stock, which would include both the company’s assets and debts.







