Warner Bros. Discovery shareholders to vote on Paramount deal

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Warner Bros. Discovery

shareholders will vote Thursday on the company’s proposed merger with Paramount Skydance

, bringing a buzzy sale process one step closer to the finish line.

Paramount has offered $31 per share for the entirety of Warner Bros. Discovery — its cable TV networks like TNT, CNN and Discovery Channel as well as its streaming service HBO Max and the Warner Bros. film studio. That proposal was the result of several offers since September and a bidding war with Netflix