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Larry Ellison makes new bid to derail Netflix takeover of Warner Bros
Yahoo Finance· 2026-02-10 17:22
Larry Ellison’s Paramount has been caught up in an endless bidding war with Netflix - Justin Sullivan/Getty Billionaire Larry Ellison has launched a fresh effort to derail Netflix’s planned $83bn (£61bn) takeover of Warner Bros. Paramount, the US media group controlled by the Oracle founder, has sweetened its rival $108bn bid for the historic Hollywood studio as it seeks to win over shareholders. The company offered to pay a so-called “ticking fee” of $0.25 per share to investors every quarter should its ...