Yhn BusinessFinance first seen 4 d ago, last 33 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 wave of loans to help finance his son David Ellison's bid for Warner Bros., according to the Wall Street Journal. The report sheds light on how the family is funding the high-stakes takeover attempt, drawing attention to the scale of borrowing involved and what it means for the future of the studio.
Why now: The scale of the Ellisons' borrowing for a major Hollywood takeover bid is newly revealed and striking
Larry EllisonDavid EllisonWarner Bros.Oracle
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- Larry Ellison Went on Borrowing Spree to Bankroll His Son's Warner Bros. Bid · JumpCrisscross · 6
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