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David Zaslav Cashed Out More Than $600 Million in Warner Bros. Stock in Connection With Sale to Paramount

World 2 sources 1 country 42m ago

The WBD CEO saw his stock liquidated in connection with the acquisition, though his total severance package will be more complex. But he’s getting a prodigious sum of $606 million as he leaves Warner Bros. Discovery, the company he fused together and led for more than four years before it agreed to be acquired by David Ellison’s Paramount.

Discovery’s president and CEO, will receive […]

Summary from source
Read the full story at the source The Hollywood Reporter · US ↗
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Covered by 2 sources