Paramount Skydance is buying Warner Bros.
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An update: Larry Ellison will guarantee his big boy’s offer.
Last week, we talked about how Warner Bros. — quite reasonably! — had some agita about David Ellison’s bid for the company. Well, what do you know, David’s daddy is going to personally guarantee the offer. Also, since the last time we talked, Jared Kushner backed out of the nepo baby bid.
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