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0.000501504513540641 0 0.000501504513540641 0.0016716817118021 0.00237378803075899 0.00237378803075899 0.00237378803075899 0.00237378803075899
Stock impact report

David Zaslav Could Become a Billionaire if Warner Bros. Sells to Either Netflix or Paramount [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Softening the blow: Zaslav stands to get hundreds of millions of dollars in cash and/or stock if WBD completes a sale to either company, which would lift him to billionaire status. Zaslav's current stock holdings in Warner Bros. Discovery, along with future grants he is entitled to, would be worth around $660 million in the event the deal with Netflix goes through, CNBC reported . (Netflix and WBD anticipate the deal closing within 12-18 months.) All told, Zaslav would have a net worth topping $1 billion if Netflix wins the day, per Bloomberg . Note that those estimates are based on Netflix's $27.75/share offer for only WB studios and HBO Max. Paramount's hostile takeover bid of $30/share (which might go higher) would mean Zaslav's payout will be even bigger if that deal prevails. More from Variety How Often Do Hostile Takeovers Actually Work? Paramount's Bid to Land Warner Bros. May Face Uphill Battle Director Carl Rinsch Found Guilty of Swindling Netflix Out of $11 Million Show less Read more
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