Warner Bros Shareholders Overwhelmingly Approve Paramount Takeover

Source: International Business Times

Warner Bros shareholders approve Paramount's $81 billion takeover Warner Bros shareholders have overwhelmingly approved the $81 billion offer from Paramount to take over the Hollywood giant, a deal that will reshape the media landscape in the U. S. The Associated Press reported on Thursday that shareholders supported the offer to sell the company's entire business to Paramount for $31 a share, valuing the deal at about $111 billion.