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

Associated Press

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  1. documented

    Paramount Skydance and Warner Bros. Discovery announced a definitive $31-per-share all-cash merger valuing WBD at $110 billion in enterprise value, with Ellison family and RedBird equity among the financing sources.

    Shareholder approval, definitive consideration, transaction value, and financing passages

    Paramount and WBD signed a $110 billion enterprise-value deal · Definitive agreement signed; closing contested and subject to conditions