
Ellison Trust’s $45.72B Guarantee Backs Proposed Parent of CNN, CBS News
A February 27, 2026 SEC-filed guarantee names Lawrence J. Ellison and his revocable trust as guarantors of $45.72 billion in merger consideration for Warner Bros. Discovery. A June 12 Justice Department statement said its investigation had closed and that the proposed transaction was not likely to harm competition or consumers in three specified areas, while the filings describe a possible future common parent for CBS News and CNN if the merger closes.







