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BRIEF-Paramount Amends Its Superior $30 Per Share All-Cash Offer For Warner Bros. Discovery

Reuters
2025/12/22
BRIEF-Paramount Amends Its Superior $30 Per Share All-Cash Offer For Warner Bros. Discovery

Dec 22 (Reuters) - Netflix Inc NFLX.O:

  • PARAMOUNT AMENDS ITS SUPERIOR $30 PER SHARE ALL-CASH OFFER FOR WARNER BROS. DISCOVERY

  • PARAMOUNT: LARRY ELLISON AGREED TO PROVIDE AN IRREVOCABLE PERSONAL GUARANTEE OF $40.4 BILLION OF EQUITY FINANCING FOR OFFER

  • PARAMOUNT SKYDANCE: PARAMOUNT IS PUBLISHING RECORDS CONFIRMING THAT ELLISON FAMILY TRUST OWNS APPROXIMATELY 1.16 BILLION SHARES OF ORACLE COMMON STOCK

  • PARAMOUNT SKYDANCE CORP: WILL INCREASE ITS REGULATORY REVERSE TERMINATION FEE FROM $5 BILLION TO $5.8 BILLION

  • PARAMOUNT- LARRY ELLISON HAS AGREED NOT TO REVOKE ELLISON FAMILY TRUST OR ADVERSELY TRANSFER ITS ASSETS DURING PENDENCY OF TRANSACTION

  • PARAMOUNT SKYDANCE CORP: OFFER IS CONDITIONED, AMONG OTHER THINGS, ON WBD CONTINUING TO OWN 100% OF ITS GLOBAL NETWORKS BUSINESS

  • PARAMOUNT: OFFER IS CONDITIONED, AMONG OTHER THINGS, ON WBD CONTINUING TO OWN 100% OF ITS GLOBAL NETWORKS BUSINESS

  • PARAMOUNT SKYDANCE CORP: PRINCE SUB EXTENDING EXPIRATION DATE OF TENDER OFFER TO 5:00 P.M ON JANUARY 21

Source text: ID:nPn3fT0wMa

Further company coverage: NFLX.O

((Reuters.Briefs@thomsonreuters.com;))

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