Discovery shareholders voted Friday to approve the media company's $43 billion merger with WarnerMedia, moving the deal one step closer to completion after the resolution of messy scandals at WarnerMedia subsidiary .
The outcome was all but assured, as two of Discovery's major investors, John C. Malone and Advance/Newhouse, agreed to vote their shares in favor of the merger. They together represent 43 percent of Discovery's voting shares.
In May, AT&T announced it would spin-off WarnerMedia, whose assets include , CNN and the Warner Bros. studio, and merge it with Discovery.
Load More
Yorumlar
Kalan Karakter: