Ellison scrapped $7.5B Oracle share sale, borrowed against Tesla, SpaceX and Skydance stock for son's Warner Bros takeover, WSJ reports

Oracle founder Larry Ellison scrapped a plan to sell about $7.5 billion of Oracle shares and instead borrowed more from banks, putting up shares in Tesla, SpaceX and Paramount Skydance to help pay for his son David's takeover of Warner Bros, the Wall Street Journal reports.

Detected & updated continuously · Source: Nebula