Your email has been successfully added to our mailing list.

×
-0.00104730319427478 -0.00209460638854956 -0.00192005585617048 -0.00174550532379126 -0.000872752661895693 0.00069820212951648 0.0038401117123407 0.00314190958282422
Stock impact report

Larry Ellison offers $40bn in bid to revive Paramount's Warner Bros takeover [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Larry Ellison, an ally of Donald Trump and one of the world's richest men, said he would provide an “irrevocable personal guarantee” for the entire equity of Paramount's $108bn offer Paramount, led by Mr Ellison's son, David, is attempting to disrupt Netflix's agreed takeover of Warner Bros. Discovery (WBD), which owns film franchises such as Harry Potter. However, the Hollywood giant rejected Paramount 's $30-per-share offer last week, saying the company had “constantly misled” shareholders about the structure of its bid. The board of Warner Bros cited concerns that the offer, backed by three Gulf states, was guaranteed by the Ellison family trust rather than by Mr Ellison himself. It described the trust as “unknown and opaque”. In addition to pledging a personal guarantee, Paramount confirmed that the Ellison trust owned 1.16 billion Oracle shares, worth roughly $228bn. In a revised proposal published on Monday, the company also agreed not to revoke the trust or “adversel Show less Read more
Impact Snapshot
Event Time:
WBD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for WBD alerts
Opt-in for
WBD alerts

from News Quantified
Opt-in for
WBD alerts

from News Quantified