Paramount Skydance CEO David Ellison remains committed to his bid to take over Warner Bros. Discovery despite the media giant rebuffing his past three offers, believing he has a “Trump card” in his back pocket that makes him the only buyer who can close the deal.
Additionally, Ellison – whose father is Oracle founder and close Donald Trump ally Larry Ellison – has reportedly expressed reluctance to overpay for the rival studio and media conglomerate, believing he won’t have to pay more than $25 a share for WBD because he has the president “in his corner.”
