The merger between Warner Bros. and Paramount is facing new regulatory hurdles. That's not stopping one CEO from cashing out shares.
A merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros.
Discovery (NASDAQ:WBD) is facing new hurdles.
In the backdrop of new worries of the merger being approved, Warner Bros.
Discovery CEO David Zaslav is cashing out shares.
David Zaslav Sells WBD Shares Zaslav is selling shares of the company he leads for the second time this year, cashing in ahead of the highly anticipated merger of two media companies.
As Paramount Skydance's deal to take over Warner Bros. Discovery is still pending, WBD CEO David Zaslav filed to sell Warner…
The merger will still require governmental approval and could be delayed by a lawsuit seeking to block it
Warner Bros. Discovery shareholders voted to give their preliminary blessing to the long-debated merger with Paramount Skydance…
Shareholders did not approve the executive compensation package presented at the meeting.
One of the best-paid executives in Hollywood has already made $113m after selling shares in WBD this month
The Wall Street Journal reported the recently merged Paramount Skydance was preparing a takeover bid for the entirety of WBD.
