Home › Politics › Ellisons Invest an Estimated $17 Billion in Warner Bros. Buyout
Politics

Ellisons Invest an Estimated $17 Billion in Warner Bros. Buyout

Key Points

Ellisons Invest an Estimated $17 Billion in Warner Bros. Buyout David Ellison and his family invested approximately $17 billion to complete Paramount Skydance Corp.’s acquisition of Warner Bros. Discovery Inc., according to public filings. Ellison, the son of Oracle Corp. co-founder Larry Ellison, and his family acquired an estimated 1.4 billion shares in a stock offering, the filings show.

Ellisons Invest an Estimated $17 Billion in Warner Bros. Buyout David Ellison and his family invested approximately $17 billion to complete Paramount Skydance Corp.’s acquisition of Warner Bros. Discovery Inc., according to public filings. Ellison, the son of Oracle Corp. co-founder Larry Ellison, and his family acquired an estimated 1.4 billion shares in a stock offering, the filings show. Investors paid $12, according to the company.
Warner Bros. (ORG) David Ellison (PERSON) Paramount Skydance Corp.’s (ORG) Warner Bros. Discovery Inc. (ORG) Ellison (PERSON) Oracle Corp. (ORG) Larry Ellison (PERSON)
Originally published by Bloomberg Markets Read original →