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Yhn BusinessFinance first seen 1 d ago, last 29 min ago, peak #11

Larry Ellison Borrowed Heavily to Fund Son's Warner Bros. Bid

Original: Larry Ellison Went on Borrowing Spree to Bankroll His Son's Warner Bros. Bid

Larry Ellison, the Oracle co-founder and one of the world's richest people, took out a wave of loans to help finance his son David Ellison's bid for Warner Bros., according to a Wall Street Journal report. Commenters are weighing why a billionaire with vast paper wealth would borrow on such a scale rather than fund the deal outright.

Why now: The unusual scale of borrowing by one of the world's richest men to back a high-profile media takeover is striking.

Larry EllisonDavid EllisonWarner Bros.Oracle

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