Regulatory reverse termination fee
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Larry Ellison Backs Paramount's WBD Offer with $40B Guarantee
Yahoo Finance· 2025-12-22 21:00
Larry Ellison is throwing his personal fortune behind Paramount Skydance Corp.'s bid for Warner Bros. Discovery Inc., agreeing to provide an irrevocable personal guarantee of $40.4 billion in equity financing for the offer and any damages claims against Paramount. Paramount also offered to increase its regulatory reverse termination fee to $5.8 billion from $5 billion. Warner Bros. would have to pay $2.8 billion to Netflix if it backs out of its deal and goes with another suitor, according to terms of the ...