Paramount makes new hostile supply for Warner Bros. Discovery
Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, saying Monday that Oracle founder Larry Ellison will personally assure over $40 billion. The announcement comes after the Warner Bros. board of administrators has rejected Paramount’s bid a number of occasions, opting as an alternative to go along with a proposal from Netflix, which WBD, the father or mother firm of NCS, says is extra precious. NCS’s David Goldman studies.