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Yhn BusinessFinance first seen 3 d ago, last 48 min ago, peak #11

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

Larry Ellison, the Oracle co-founder and one of the world's richest people, took out a large spree of loans to help bankroll his son David Ellison's bid for Warner Bros., the Wall Street Journal reports. The disclosure raises questions about how the Ellison family is financing its expanding media ambitions, with Paramount Skydance pursuing a takeover of the studio.

Why now: Fresh reporting reveals the unusual scale of borrowing behind a high-profile Hollywood takeover bid.

Larry EllisonDavid EllisonWarner Bros.Oracle

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