“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
“His bid… ended up being, I think, 68% higher than his original bid. Like it was a massive premium.”
Slate Money · DiscoDance
Play from 5:34
5:34
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What was described
Submitted a counter-offer for Warner Brothers that was 68 % higher than his original bid
68 % premium
Said nearby on the same subject
“Larry Ellison… is backing the Warner Brothers deal by pledging to come up with $40 or $50 billion if he needs to”
♫
Said on Decoder with Nilay Patel
“We ended up about three times sort of higher than that original product, from an equity perspective”
♫
Said on The Deal with Adam Di Marco
“Marc sent Buffett's assistant a message… his phone rang and it was Buffett… they submitted an offer of around $10 billion.”
MS
Marc Stad
Buyers and Builders ·
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