David and Larry Ellison Sued by Paramount Investor Alleging ‘Illegal’ Side Deal With Donald Trump to Secure U.S. Approval for Warner Bros. Takeover

A Paramount shareholder filed suit on Tuesday, alleging that Paramount Skydance chief David Ellison and his tech billionaire father, Larry Ellison, struck an illegal deal with President Donald Trump to secure government approval for the studio's takeover of Warner Bros. Discovery. Per Variety, the Delaware Chancery Court lawsuit seeks to block the acquisition.

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