AT&T To Spin-Off WarnerMedia In  Billion Discovery Merger — The Street

AT&T  (T) – Get AT&T Inc. Report said Tuesday it will spin-off its interest in WarnerMedia to shareholders when it closes its $40 billion media merger with Discovery  (DISCA) – Get Discovery, Inc. Class A Report.

AT&T said shareholders will get 0.24 WarnerMedia/Discovery shares for each AT&T share when the deal is closed, which is now expected to by the end of the second quarter. The ratio will mean AT&T shareholders will own……Full Loaf Hot Link[read more]

Rising Dough

Rising Dough - the question(s) that we need to think about from the reading.What does this merger mean to the streaming and media industries? Is this merger good for AT&T shareholders, explain?

*Click on the “Full Loaf” icon to read the full article! After you read the article come back and tell us your thoughts.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.