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BRIEF-Paramount Amends Its Superior $30 Per Share All-Cash Offer For Warner Bros. Discovery
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BRIEF-Paramount Amends Its Superior $30 Per Share All-Cash Offer For Warner Bros. Discovery
Mar 10, 2026 11:05 PM

Dec 22 (Reuters) - Netflix Inc ( NFLX ):

* PARAMOUNT AMENDS ITS SUPERIOR $30 PER SHARE ALL-CASH OFFER

FOR

WARNER BROS. DISCOVERY

* PARAMOUNT: LARRY ‌ELLISON AGREED TO PROVIDE AN IRREVOCABLE

PERSONAL ​GUARANTEE OF $40.4 BILLION OF EQUITY ‍FINANCING FOR

OFFER

* PARAMOUNT SKYDANCE ( PSKY ): ⁠PARAMOUNT ⁠IS PUBLISHING RECORDS

CONFIRMING

THAT ELLISON FAMILY TRUST ‌OWNS APPROXIMATELY 1.16 ​BILLION SHARES

OF ORACLE COMMON STOCK

* PARAMOUNT SKYDANCE CORP ( PSKY ): ⁠WILL INCREASE ‍ITS ​REGULATORY

REVERSE

TERMINATION FEE FROM $5 BILLION TO $5.8 BILLION

* PARAMOUNT- LARRY ELLISON HAS AGREED ‍NOT TO REVOKE ELLISON

FAMILY TRUST OR ADVERSELY TRANSFER ITS ASSETS DURING PENDENCY OF

TRANSACTION

* PARAMOUNT SKYDANCE CORP ( PSKY ): OFFER IS ​CONDITIONED, ‍AMONG OTHER

THINGS, ON WBD CONTINUING TO OWN 100% ​OF ITS GLOBAL NETWORKS

BUSINESS

* PARAMOUNT: OFFER IS CONDITIONED, AMONG OTHER THINGS, ON

WBD

CONTINUING TO OWN 100% OF ITS GLOBAL NETWORKS BUSINESS

* PARAMOUNT ​SKYDANCE CORP: PRINCE SUB EXTENDING EXPIRATION

DATE OF

TENDER OFFER TO 5:00 P.M ON ‍JANUARY 21

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