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Sep 12, 2024 · Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) jumped 10.1% in the morning session after the company announced a new carriage agreement with Charter...
- Radek Strnad
Apr 8, 2022 · Under terms of the agreement, which was structured as a Reverse Morris Trust transaction, at close AT&T received $40.4 billion in cash and WarnerMedia’s retention of certain debt. Additionally, shareholders of AT&T received 0.241917 shares of WBD for each share of AT&T common stock they held at close.
Jan 7, 2022 · Shares of media conglomerate Discovery surged 17% on Friday, gaining momentum as investors eagerly anticipate a massive $43 billion merger with AT&T’s WarnerMedia, which cleared several ...
- Sergei Klebnikov
Sep 1, 2023 · What happened. Shares of Warner Bros. Discovery (WBD -0.79%) took a dive today in response to the dispute between Disney (NYSE: DIS) and Charter Communications (NASDAQ: CHTR), the owner of...
- Jeremy Bowman
Apr 2, 2022 · Key Points. AT&T shareholders will soon receive 0.24 shares of Warner Bros. Discovery for each share of AT&T stock owned. Discovery Communications shareholders will receive one share of...
Sep 12, 2024 · Warner Bros. Discovery shares surged after the entertainment giant renewed its distribution deal with Charter Communications. The agreement increases the fees Charter will pay to carry certain...
Sep 12, 2024 · Warner Bros. Discovery shares closed up 10.3% at $7.66, recovering from recent losses that brought their price as low as $6.94 Wednesday. The company’s stock is now up more than 13% in the past...