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Paramount’s merger: all the news on the drawn-out takeover drama

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Charles Pulliam-Moore
WBD’s shareholders yearn for the sweet embrace of David Ellison.

Deadline reports that WBD’s shareholders have “overwhelmingly” voted the sell the legacy studio to Paramount Skydance for $31 per share. Shareholders rejected a proposed compensation package for current CEO David Zaslav that could range from $500-800 million. But Zaslav could still wind up walking away with a lot of money because that vote was non-binding.

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