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"Lawnmower" refers to this. [1] And I'm guessing "acronym" refers to the joke that "Oracle" is an acronym for "One Rich Asshole Called Larry Ellison".
And look at what they're talking about in Australia right now. This just isn't right, it makes me sick.
We, the majority, are being taken advantage of in the most disgusting and cynical way by this small group of terrible people and our traitor leaders who they bribe and blackmail, and I'm sick and tired of it, and it's long past time we stand up for our own interests.
I find it hilarious that hn is so money focused that a lot of people here will straight up deny that people some times do things for reasons other than money. But it's true, money is just an end.
(TL;DR, but please correct me if I'm wrong: it was previously backstopped by Ellison's revocable trust. Ellison could theoretically clear out the revocable trust at any time, and leave WBD high and dry. Now that it is backstopped by Ellison himself, there is no such worry.)
[0]: https://www.bloomberg.com/opinion/newsletters/2025-12-17/war...
The deal is for $108.4bn though.
IIUC, Ellison's trust is on the hook for 40.7bn so where's the missing 0.3bn? Levine didn't really talk much about how the remainder is secured so there could be issues there as well.
Paramount amends its $30 per share all-cash offer for warner bros. Discovery
https://ir.paramount.com/news-releases/news-release-details/...
https://www.cnbc.com/2025/09/18/larry-ellison-365-billion-fo...
This is another $40 billion guarantee. Imagine he gets a margin call if ORCL drops another 30%.