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Tagged with "M&A"
  • Discovery Chief Got Options Valued at $190 Million on Eve of AT&T Deal
    WSJ

    Discovery Chief Got Options Valued at $190 Million on Eve of AT&T Deal

    May 20, 2021

    Discovery Inc. DISCB -1.47% gave Chief Executive David Zaslav 14.8 million stock options on Sunday, the day before the company and AT&T Inc. T -1.14% announced a plan to merge Discovery with AT&T’s WarnerMedia unit, according to a securities filing. The company valued the option grants at roughly $190 million on Wednesday evening, taking into account the company’s share-price volatility and potential stock appreciation over…

    Read More Discovery Chief Got Options Valued at $190 Million on Eve of AT&T DealContinue

  • WSJ and Wall Street Journal
    WSJ

    Viacom and CBS Executives to Earn Big Bucks in Merger Deal

    August 20, 2019

    The merger of Viacom Inc. and CBS Corp. will be lucrative for the top executives of both companies. Viacom Chief Executive Bob Bakish, who will become president and CEO of the combined company, ViacomCBS, has signed a new contract ending four years after the deal closes. The contract lists salary, bonuses and other incentives worth about $31 million…

    Read More Viacom and CBS Executives to Earn Big Bucks in Merger DealContinue

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