#corporate-acquisition

#corporate-acquisition

Zaslav could receive $34.2m in cash severance payments, $115.8m in vested stock and $517.2m in unvested share awards once the deal is complete, according to a filing from Warner Bros Discovery on Monday. The chief executive of the studio is also expecting tax reimbursements of up to $335.4m.

The battle for WBD played out amid a pivotal backdrop for Wall Street: a period investment banks hope will mark a full-throated M&A rebound, in which just landing a role on a deal of this size is as useful for one's street cred as actually winning it. Even advisers on the losing side will walk away with hefty fees, boardroom credibility, and proof they belong on the biggest mandates of the coming year.

The first is Paul Blackburn, who was named executive vice president of agent development and culture. In this role, Blackburn will oversee @properties's coaching and training programs, direct agent training for new technologies and lead the firm's agent business-development initiatives across all markets. Most recently, he served as the vice president of brokerage services for @properties Christie's International Real Estate's Goose Island and North Center offices.

In September, an eminently recognizable footwear company changed hands - and went private as a result. Specifically, 3G Capital announced its purchase of Sketchers on September 12, which also marked the end of Sketchers' days as a publicly traded company. With that deal's completion now in the rear view mirror, details are beginning to emerge about how existing Sketchers shareholders fared as a result, and it turns out that not everyone is thrilled.That's led some Sketchers stockholders to file a lawsuit.

In an move notable for its size, though certainly not its content, a group of investors-including Saudi Arabia's Public Investment Fund, private equity firm Silver Lake, and Jared Kushner's firm Affinity Partners-have purchased EA for $55 billion. It's the second-biggest acquisition in video game history, after Microsoft's $68.7 billion absorption of Activision Blizzard, but unlike that monstrosity, which was subject to antitrust regulations, this feels like a done deal, a straight purchase of one of gaming's biggest and worst studios.

In 1827, in the small Tuscan town of Sansepolcro, Italy, Giulia Buitoni-a mother and home cook-became so well known for her starchy noodles that she decided to launch a pasta business. She didn't have much money, so she traded her most valuable necklace for a pasta machine. The trade was well worth it. Buitoni pasta was an instant success in Italy, and within the century, the company was selling its pasta around the world.

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