WBD Shareholders Back Sale To Paramount In Key Vote; David Zaslav Payday Rejected

Shareholders of Warner Bros. Discovery voted to sell the company to David Ellison’s Paramount Skydance for $31 a share in cash at a special virtual meeting this morning. The approval was a key hurdle in advancing the deal. Company officials at the meeting said the merger vote passed “overwhelmingly,” with exact vote totals to be […]