WBD Shareholders Approve Sale to Paramount Skydance
Warner Bros. Discovery (WBD) shareholders have overwhelmingly approved the sale of the legacy studio to Paramount Skydance for $31 per share. The proposed $500-800 million compensation package for CEO David Zaslav was rejected, though Zaslav may still receive significant compensation. The vote marks a key development in the ongoing merger process.
Tickers: $WBD
Topics: David Zaslav merger Paramount Paramount Skydance shareholder vote WBD