Newsig · CNBC
David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery
Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.
Why it matters
WBD · Why linked: Warner Bros. Discovery is the other party in the announced combination. Market context: Leadership appointment reinforces deal momentum and near-term deal-arb pricing.
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