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Stock impact report

David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
His sale of the shares comes less than a week after WBD clinched a deal to sell itself to Paramount Skydance for $31 per share, after Netflix walked away from its deal for Warner Bros. Zaslav is selling 4,004,149 shares of Warner Bros. Discovery stock, with an aggregate market value of $114,118,246, per an SEC filing from the company Tuesday. The date of the stock sale was listed as March 3. More from Variety LISTEN: It's HBO: What Will the Paramount-Warner Bros. Discovery Merger Mean for TV's Premium Pioneer? Paramount Skydance Debt Downgraded to Junk Status by Fitch Ratings Following Warner Bros. Discovery Deal Paramount's $110 Billion Warner Bros. Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns Zaslav has additional stock and options in WBD that will be remain valid and eligible for vesting in the event Paramount Skydance's $111 billion deal to acquire the company closes, under the terms of WBD's amended contracts for Zaslav and other top brass in Novembe Show less Read more
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