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Larry Ellison Borrowed Heavily to Fund Son's Warner Bros. Bid
Original: Larry Ellison Went on Borrowing Spree to Bankroll His Son's Warner Bros. Bid
The Wall Street Journal reports that Larry Ellison, the Oracle co-founder and one of the world's richest people, took on a wave of loans to help finance his son David Ellison's bid for Warner Bros. The revelations have drawn attention to how the media acquisition is being bankrolled, with discussion focusing on the scale of borrowing involved and what the deal means for the future of the Hollywood studio.
Why now: New reporting revealed the unusual scale of borrowing behind a high-profile media takeover bid.
Larry EllisonDavid EllisonWarner Bros.OracleWall Street Journal
Evidence
- Larry Ellison Went on Borrowing Spree to Bankroll His Son's Warner Bros. Bid · JumpCrisscross · 6
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