Financing Deal Holds

Ellison’s share pledge is accepted by lenders as sufficient collateral to keep the Warner Bros. Discovery takeover on track. The scrapped $7.5 billion sale becomes a financing complication rather than a deal breaker, though leverage concerns remain for Paramount Skydance and Oracle holders.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.