Ellison offers personal guarantee to beef up Paramount's Warner Bros bid

Group 1 - Larry Ellison has provided a personal guarantee of $40.4 billion in equity financing to support Paramount Skydance's all-cash bid for Warner Bros Discovery [1] - Paramount's offer remains at $30 per share, and Warner Bros shares increased by 2.5% in premarket trading, while Paramount Skydance shares rose nearly 1.6% [2] - The bidding war for Hollywood assets is intensifying, with the winner poised to gain a significant advantage in the streaming market by acquiring a valuable content library [2] Group 2 - Paramount has raised its regulatory reverse termination fee to $5.8 billion from $5 billion to align with competing offers and extended the expiration date of its tender offer to January 21, 2026 [3] - Warner Bros has urged its shareholders to reject Paramount's $108.4 billion offer due to concerns over financing and the absence of a full guarantee from the Ellison family [4] - Some Warner Bros investors, including Harris Associates, are open to revised offers from Paramount if they address financing concerns and improve deal terms [4]