Warner Bros Discovery vote to approve $110bn merger with Paramount Skydance
by Jeremy Barr in Washington from World news | The Guardian on (#7558D)
The merger will still require governmental approval and could be delayed by a lawsuit seeking to block it
Shareholders of Warner Bros Discovery voted overwhelmingly" to approve the company's $110bn merger with Paramount Skydance, the parent company of CBS News, on Thursday.
But shareholders voted against generous proposed compensation packages for WBD executives, including a $550m payout to the outgoing chief executive, David Zaslav.
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