David Ellison Just Launched A $108b Hostile Warner Bros Bid, You’ll Never Guess Where The Money’s Coming From
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…it’s from his dad. You could have guessed that.
Like all good TV dramas, the Warner Bros buyout saga just introduced a new twist with original bidder David Ellison doubling down on his bet by launching a hostile takeover bid of $30-per-share DESPITE both Warner Brothers already agreeing to Netflix’s offer of $27.75-per-share.
Awkward.

But here’s a question: from where could the son of the second-richest man in the world possibly stump up the cash? Oh, from his dad? OK, that makes sense.
Ellison? More like, raising hell-isson.
The Ellison family and RedBird Capital have pledged $40.7b and the rest of the money comes as a bridge loan from Saudi Arabia’s Public Investment Fund, Qatar Investment Authority, Abu Dhabi’s L’imad Holding, Jared Kushner’s Affinity Partners, the Bank of America, Citigroup, and Apollo (or SAPIFQIAADLHJKAPBOACA for short).
Yeah, that’s quite a smorgasbord of financiers you’ve got there, bro, you must reeeally want the rights to Space Jam.
But of note, is the proximity of these financiers to Donald Trump here, idk if it’s anything but the Ellisons have long been tied to the President and with Jared Kushner’s finance firm getting in on the action maybe there’s something happening?
Like, do they know something we don’t? After Trump’s comment that the Netflix-WB merger “could be a problem” is he going to shoot down the big streamer’s purchase for anti monopoly reason but allow the Skydance-Paramount-Warner-Brothers conglomeration to go ahead because it’s his friends who will benefit?
Probably not, pleasedon’tsueme…
Oh, I heard a theory (but I do think it’s just a theory) that Netflix isn’t actually serious about their bid, they just want to freeze WB out of making any big moves for a year or so. I don’t believe that’s true, but I just think it would be funny if Netflix is then raising the price for Ellison for no reason. Or they do get the bid that they never really wanted and Netflix are stuck with an Elon Musk Twitter situation.
Whatever happens, we’re in for quite a few more twists and turns before the season finale.
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