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They now have to leverage everything get the cash for the merger, the cash that Ellison's, et al will receive as they cash out. What a disaster in the making.

Ellison's companies have always used aggressive accounting. For example, "revenue" would be booked before any work was performed, before contracts were signed, etc., and without provisions for cost of deliverables or liabilities. If it moved, it was booked as sales and as revenue, often well after the end of the quarter.

From what little I know of the acquisition of WB Discovery by the Ellisons, I see all of the entities involved being loaded up with debt, stripped of their valuable assets (looted), and hollowed out.