Paramount Skydance has amended its $108B bid to acquire Warner Bros. Discovery, adding an “irrevocable personal guarantee” of $40.4 billion from Oracle co-founder Larry Ellison to address financing concerns raised by Warner Bros. Discovery’s board. The revised offer also includes a higher breakup fee and conditions aimed at matching terms from a competing deal with Netflix. Warner Bros. will now review the updated proposal, keeping the bidding battle alive. #BrandStrategy #SodaSpoon #paramount
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