Variety ·entertainment ·1 hour ago

Warner Bros. Discovery shareholders approve Paramount’s $111 billion acquisition deal

Warner Bros. Discovery shareholders approved Paramount's $111 billion acquisition deal on Thursday, offering $31 per share. However, they rejected the proposed exit pay packages for CEO David Zaslav and other executives, indicating discontent with their compensation despite it being a non-binding vote. The deal now awaits regulatory approvals from the Justice Department and European entities.

Summary by Glance · Variety

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