Oracle’s founder and largest shareholder, Larry Ellison, has jumped two spots on the Bloomberg Billionaires Index after the tech behemoth posted a bumper outlook this week. Only yesterday Ellison’s net worth was $138 billion but overnight that leapt $14 billion to $152 billion. That’s largely because the 79-year-old entrepreneur owns more than 40% of the […]
Tag: Ellisons
Why Shari Redstone called off talks with David Ellison’s Skydance on Paramount deal
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Shari Redstone has finally spoken. After weeks of endless speculation about the future of Paramount Global, and more than half a year of grueling negotiations, the heiress called off […]
Ellison’s Latest Paramount Offer Has a $15-a-Share Sweetener
(Bloomberg) — Film producer David Ellison’s offer for Paramount Global includes an option for nonvoting shareholders to cash out a portion of their stock for about $15 a share, according to a person familiar with the matter. Most Read from Bloomberg The offer, a roughly 26% premium to Friday’s closing price, is for only some […]
Ellison’s Latest Paramount Offer Includes $15-a-Share Sweetener
(Bloomberg) — Film producer David Ellison’s offer for Paramount Global includes an option for nonvoting shareholders to cash out a portion of their stock for about $15 a share, according to a person familiar with the matter. Most Read from Bloomberg The offer, a roughly 26% premium to Friday’s closing price, is for only some […]