PARAMOUNT-WARNER DEAL TO FACE REGULATORY, FINANCING HURDLES
https://s.yimg.com/ny/api/res/1.2/bvWT3L7No_2Z8esgRbeJ1Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_holding_pen_162/8e646fbca65ca3788aca2b9a74b435e8
✍️ David Ellison, son of Oracle Corp. co-founder Larry Ellison, is seeking to acquire Warner Bros. Discovery Inc. for $71 billion, which would create a major media conglomerate with significant regulatory and financial hurdles.
👉 David Ellison's Paramount Skydance Corp. is seeking to acquire Warner Bros. Discovery Inc. for $71 billion 👉 The deal would create a major media conglomerate with significant regulatory and financial hurdles 👉 The acquisition would require significant cost savings and operational synergies 👉 The deal could lead to thousands of job cuts 👉 Warner Bros. Discovery Inc. is currently undergoing a major transformation, including a planned split into two separate companies
-- #DavidEllison #LarryEllison #RaymondSfeir #MatthewHarrigan #DavidZaslav #BrandonNispel #KennethLeon #EthanMSteinberg #DonaldTrump #KamalaHarris #Hollywood #NewYorkCity #Orange,California #business
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