Trump Ally Larry Ellison Pledges $40B to Help His Son Buy CNN Parent Company

Oracle co-founder Larry Ellison, an ally of US President Donald Trump and one of the richest men in the world, pledged on Monday to provide $40.4 billion to help finance his son’s hostile bid to acquire Warner Bros. Discovery, the owner of CNN, HBO Max, and other major media assets. The billionaire’s personal financing guarantee was announced in a press release issued by Paramount Skydance…

Source


This post has been syndicated from Truthout, where it was published under this address.

Scroll to Top