Skydance-owned Paramount amended its hostile bid offer for Warner Bros. Discovery on Monday, announcing Larry Ellison would personally back the bid.

Paramount says the amendment follows a Warner Bros. request for a personal guarantee from Larry Ellison, Oracle founder, father of Paramount CEO David Ellison, and a longtime ally of President Donald Trump. Larry Ellison agreed to personally guarantee $40.4 billion of the equity financing for the deal and any damages claims against Paramount, the company said in a Monday press release.