Warner Bros investors back US$110 billion merger with Paramount Skydance
Warner Bros Discovery shareholders on Thursday backed the company’s proposed US$110 billion merger with Paramount Skydance, but cast an advisory vote against executive compensation plans tied to the deal.
Under the pay packages proposed to executives, CEO David Zaslav could receive up to US$887 million if the sale is completed.
Attention now turns to regulatory authorities, with both Washington and London expected to examine the merger’s impact on competition.
The US Department of Justice sent...
Paramount and Warner Bros. Merge
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- What's next after Warner Bros. shareholder approval of Paramount Skydance acquisition 📹 CBS News —
- What's next after Warner Bros. shareholder approval of Paramount Skydance acquisition CBS News —
- Warner Bros shareholders approve Paramount's $81 billion takeover 📹 Associated Press —
- Warner Bros. Discovery shareholders approve Paramount Skydance deal Axios —