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.
Warner CEO David Zaslav set to join billionaire ranks as Netflix’s $72bn deal advances
Photo by Warner Bros. Discovery
Published on

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.

The Kerala Stories
www.thekeralastories.com