“There's $40 billion in backstop of the Warner Brothers deal ... a third of his shares ... made available as collateral for him to use for personal reasons.”
♫
Said on Channels with Peter Kafka
“Larry Ellison… is backing the Warner Brothers deal by pledging to come up with $40 or $50 billion if he needs to”
Decoder with Nilay Patel · Another billionaire thinks he can fix Warner Bros.
Play from 9:18
9:18
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
pledged to backstop the Warner deal with up to $40-$50 billion of financing if needed
$40-$50 billion
Said nearby on the same subject
“His ability to finance these multi-billion dollar media consolidations are at least to some degree, margin loans on his Oracle holdings ... he had to do a $40 billion backstop”
♫
Said on TBPN
“They ... pledge to match, dollar for dollar, every contribution up to the first $50 million.”
♫
Said on Law, disrupted
“40 percent of us are going to end up having dementia if we're currently aged over 50.”
TS
Tim Spector
ZOE Science & Nutrition ·
Moments like this, every Monday
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Track a competitor?
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.