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Larry Ellison Tried to Amend Paramount Hostile Takeover Bid For Warner Bros. Discovery

Paramount Skydance Corp. Monday amended its $30 per share all-cash offer for Warner Bros. Discovery, Inc. in an attempt to address WBD’s stated concerns regarding Paramount’s offer, five days after Warner Bros. Discovery’s Board of Directors unanimously rejected it. In the amended offer, Larry Ellison, a co-founder of the technology company Oracle and controlling shareholder […]

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