AT&T in advanced talks to merge WarnerMedia with Discovery
The deal will merge WarnerMedia and Discovery.
The new company will be publicly traded and co-owned by AT&T and Discovery shareholders.
Transaction expected to be announced as soon as tomorrow.
"The likely structure of the deal will combine Discovery with all of WarnerMedia, which will become a new publicly traded company co-owned by AT&T and Discovery shareholders, the people said. "
www.cnbc.com/2021/05/16/...ge-warnermedia-with-discovery.html
The deal will merge WarnerMedia and Discovery.
The new company will be publicly traded and co-owned by AT&T and Discovery shareholders.
Transaction expected to be announced as soon as tomorrow.
"The likely structure of the deal will combine Discovery with all of WarnerMedia, which will become a new publicly traded company co-owned by AT&T and Discovery shareholders, the people said. "
www.cnbc.com/2021/05/16/...ge-warnermedia-with-discovery.html