Market Chatter: Warner Bros Shareholders Recommended by ISS to Approve Paramount Deal, Reject CEO Compensation Package

MT Newswires Live04-09

Warner Bros. Discovery (WBD) shareholders were urged by Institutional Shareholder Services to approve the company's planned sale to Paramount Skydance (PSKY) at an April 23 special meeting, Bloomberg reported Thursday, citing the proxy adviser's April 8 report to clients.

ISS said the $31-per-share offer provides "provides shareholders comfort that the proposed deal is the best available."

The proxy adviser recommended shareholders rejecting a "golden parachute" compensation package for Chief Executive Officer David Zaslav, arguing that the package as well as the $335 million in potential tax reimbursements represent one of the highest compensations observed, the report said.

The Bloomberg report said that the Paramount deal is not contingent on approval of the compensation proposal.

Warner Bros and Paramount Skydance did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4598","symbol_name":"佩洛西持仓","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2626764186","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2626764186","pubTimestamp":1775732778,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Warner Bros. 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