The bid is said to be primarily cash.
Shares of WBD are up 17% on the day in a spike after the report.
Larry Ellison was in the news just yesterday as he passed Elon Musk (briefly) to become the world's richest man. He gained $100 billion in net worth on a +35% rally in Oracle shares. The total market cap of WBD is about $37 billion.
This article was written by Adam Button at investinglive.com.Hence then, the article about paramount prepares a bid for warner bros discovery report was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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