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Mar 11, 2022 · AT&T stockholders will end up owning 71 percent of the new Warner Bros. Discovery, with Discovery shareholders holding the rest. Discovery CEO David Zaslav will run the merged giant,...
Apr 8, 2022 · (New York, NY) — April 8, 2022 — Today Discovery, Inc. and AT&T Inc. * (NYSE:T) announced that they have closed their transaction to combine the WarnerMedia business with Discovery.
Apr 8, 2022 · The deal, first announced last May, is a climactic moment for Zaslav and his longtime deputies at Discovery, best known for brands like Animal Planet, TLC and HGTV. The merger adds HBO, CNN, TNT,...
The new company unites WarnerMedia—which includes Warner Bros., HBO, TNT, TBS, CNN, Cartoon Network and streamer HBO Max—with Discovery’s own portfolio, which includes Discovery, HGTV, TLC, ID,...
May 17, 2021 · Under the terms of the deal, AT&T will receive $43bn and its shareholders will own 71% of the new company, while Discovery shareholders will hold 29%. However, before the deal was confirmed,...
Feb 1, 2022 · AT&T shareholders will own 71% of the new Warner Bros. Discovery company and will receive a 0.24 shares of Warner Bros. Discovery for each AT&T share they own.
May 17, 2021 · AT&T shareholders will receive stock worth 71 percent of the new company, while Discovery’s shareholders will own the remaining 29 percent.
