Yhn BusinessFinance first seen 2 d ago, last 55 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
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 55 min ago.
Evidence
- Larry Ellison Went on Borrowing Spree to Bankroll His Son's Warner Bros. Bid · JumpCrisscross · 6
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