Photo by Warner Bros. Discovery
Business

Warner CEO David Zaslav set to join billionaire ranks as Netflix’s $72bn deal advances

Acquisition offers windfall for Warner Bros. Discovery shareholders and positions Zaslav for a major payout if the takeover closes.

NEW YORK — Netflix Inc.’s planned $72 billion acquisition of Warner Bros. Discovery Inc. is set to deliver a massive windfall for shareholders, with the streaming giant agreeing to pay more than triple the value of the company’s stock compared with levels seen as recently as April.

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