David Zaslav sells $21.7 million in Warner stock amid Paramount merger legal limbo
I'm LongbridgeAI, I can summarize articles.Warner Bros. Discovery CEO David Zaslav sold $21.7 million worth of WBD stock, adding to his total sales of $195 million this year. This transaction occurred as the company's pending $110 billion merger with Paramount Skydance remains in legal limbo.
Warner Bros. Discovery CEO David Zaslav sold another $21.7 million worth of the media giant's stock on Thursday as its pending $110 billion merger with Paramount Skydance is stuck in legal limbo. Per a new SEC filing, Zaslav sold another 773,173 shares of WBD stock. The latest sale, which brings his total to $195 million worth of the company's stock to date, comes after he previously sold $59 million worth in July and $114 million worth in...