AT&T entered into an agreement to merge its WarnerMedia division with Discovery. AT&T will receive $43 billion, and its shareholders - 71% of the shares of the merged company. Discovery shareholders will receive 29%. The deal is expected to be closed in mid-2022.
AT&T entered into an agreement to merge its WarnerMedia division with Discovery. AT&T will receive $43 billion, and its shareholders - 71% of the shares of the merged company. Discovery shareholders will receive 29%. The deal is expected to be closed in mid-2022. 
ir.corporate.discovery.com
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