merger

Warner Bros Discovery cleared a major hurdle in its proposed $110 billion merger with Paramount Skydance after shareholders approved the transaction, even as they signaled sharp unease over the executive pay arrangements tied to the deal. Those compensation plans drew a clear rebuke in an advisory vote. Under the proposed packages, CEO David Zaslav stands to collect as much as $887 million if the sale goes through. Proxy adviser ISS had described Zaslav's possible payout as "extremely large". "Management now faces a twofold…