Warner Bros. shareholders approve Paramount's $81B takeover of the Hollywood giant

NEW YORK — An $81-billion Warner-Paramount mega merger has received shareholders’ stamp of approval, propelling a deal that could vastly reshape Hollywood and the wider media landscape closer to the finish line. On Thursday, April 23, Warner Bros. Discovery said the overwhelming majority of its stakeholders voted in support of selling Paramount for $31 a share. Including debt, the deal is valued at nearly $111 billion based on Warner’s current outstanding shares. Paramount, which was bought by Skydance just last year, wants all of Warner. That means HBO Max, cult-favorite titles like “Harry Potter” and even CNN could soon find […]... Keep on reading: Warner Bros. shareholders approve Paramount's $81B takeover of the Hollywood giant

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