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Media industry
fromAxios
19 hours ago

Warner Bros. Discovery shareholders approve Paramount Skydance deal

Over 1.4 billion votes opposed the compensation proposal, while 307.7 million supported it, but the outcome does not affect executive payments if the deal closes.
fromAxios
4 months ago

Trump says CNN "should be sold" as part of WBD deal

State of play: WBD' s board has 10 days to respond to a hostile takeover bid from Paramount, launched Monday after WBD announced a deal to sell its studio and streaming businesses to Netflix for $83 billion. While the board has said it believes Netflix's offer was superior to Paramount's for financial reasons, it will need to weigh whether choosing to reject Paramount's tender offer could invite shareholder lawsuits.
Media industry
Business
fromAxios
5 months ago

Bidders circle Warner Bros. Discovery

WBD seeks a higher takeover price near $30, may split assets, and faces complex bidder interests and DOJ regulatory review before any deal can close.
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