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International Business Times
International Business Times
Business
Demian Bio

Warner Bros Shareholders Overwhelmingly Approve Paramount Takeover

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.

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