“Verbatim

“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.”

Channels with Peter Kafka · Larry Ellison’s Media Ambitions & Kevin Roose on AI’s Biggest Gamble

Play from 17:37
17:37

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What was described

Used a $40 billion backstop of shares as collateral to support the Warner Brothers acquisition financing

$40 billion

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
Hard number $40-$50 billion Share this moment
“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
Why it worked $40 billion backstop loan for Warner Brothers deal Share this moment
“He offers the shares up as collateral, which appears to be how he usually does business… he pulled back the share dump and is doing another margin loan”
LE
Larry Ellison
Better Offline ·
Why it worked at least $21 billion in personal loans; attempted share dump of $7-9 b… Share this moment
“We also have drones, so we provide drone support as well as canine support.”
SO
State Fire Marshal's Office
The Texas Insurance Podcast ·
Tool Share this moment

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