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Verilumia

The Daily Verified Briefing

Markets

Paramount shareholder sues Ellisons over alleged Trump deal

Published 15 July 2026

A Paramount shareholder has filed a lawsuit alleging that controlling shareholders David Ellison and his father, Oracle co-founder Larry Ellison, struck an illegal, undisclosed agreement with President Donald Trump to secure federal approval for the company’s proposed $111 billion acquisition of Warner Bros. Discovery.

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