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Jan 7 • 16:18 UTC • 🇪🇸 Spain • El Mundo

Warner Bros rejects Paramount's latest offer despite Larry Ellison's personal guarantee

Warner Bros Discovery's board unanimously rejected Paramount Skydance's modified acquisition offer, despite a substantial personal guarantee from Oracle co-founder Larry Ellison, concluding it did not serve the company's or shareholders' interests and reaffirming their support for a merger with Netflix.

#warner bros #paramount #larry ellison #acquisition #netflix
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