The Age
·general
·2 hours ago
Warner Bros shareholders approve $US110 billion Paramount mega-merger
Warner Bros. Discovery shareholders approved a $US110 billion merger with Paramount Skydance on Wednesday, despite Hollywood opposition. Paramount plans to pay shareholders $US31 per share but faces antitrust reviews across the US and EU. If not finalized by September 30, shareholders will receive a 25-cent quarterly ‘ticking fee’ until closing.
Summary by Glance · The Age
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