Overheard: David Ellison says he knows the Warner Bros. Discovery board can't accept his most recent offer

Paramount's David Ellison said that if Warner Bros. Discovery's board took his current offer, it would be "admitting breach of fiduciary duty."

Warner demands Larry Ellison’s personal guarantee in Paramount bid

In rejecting Paramount ’s hostile takeover bid, Warner Bros. questions the Ellison family trust and its commitment to a $77.9 billion deal.

Warner Bros to Oracle's Larry Ellison on Paramount offer: Your trust isn't enough, we want...

Warner Bros. Discovery (WBD) has rejected Paramount Skydance's $108 billion hostile takeover bid, deeming it \"misleading\" and \"inadequate.\" WBD's boar

Warner Bros. Golden Parachutes Revealed: What David Zaslav and C-Suite Will Get in a Deal

The CEO stands to gain $567 million if a deal is sealed to sell the WB empire, while longtime lieutenant Gunnar Wiedenfels will see $144 million in cash and stock considerations if a transaction closes.

Netflix CEOs Defend Warner Bros. Deal in Memo to Employees: ‘We See This as a Win for the Entertainment Industry, Not the End of It'

Ted Sarandos and Greg Peters, the co-CEOs of Netflix, issued a memo to staffers that conveyed their belief that the company’s deal to buy Warner Bros. and HBO Max will withstand a counterattack by David Ellison’s Paramount Skydance and will clear regulatory hurdles.
Feedback