Warner Brothers Financing Guarantee and Shareholder Reaction

29 days ago

Natalyia Nejvich

"Right. So let's start with the biggest uh one of the biggest movers today. Uh Wall Street uh Warner Brothers the ticker is WBD. Shares are up by four 3 almost 5% today. Uh as we know Larry Ellison who is a co-founder of Oracle and a father of David Ellison agreed to provide a personal irrevocable guarantee for this 40.4 billion dollars in equity financing for Paramount's bid for Warner Brothers. Basically, he agreed not to revoke his family trust while the deal has been pending, and Paramount has even increased the regulatory reverse termination fee. For now, the next stage is to wait and see how shareholders react, with time until January 21st."

This commentary reviews the recent financing guarantee provided by Larry Ellison for Paramount's bid for Warner Brothers (WBD) and emphasizes the pending shareholder reaction before any further move. The details surrounding the increased termination fee and the wait until January 21st provide context for potential trading adjustments.

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