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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, with...
Apr 8, 2022 · Shareholders of AT&T (T), which spun off WarnerMedia earlier this week, hold 71% of shares in the new company, and Discovery shareholders hold 29%. But the transaction represents AT&T (T) ’s ...
May 17, 2021 · The transaction is expected to be tax-free to AT&T and AT&T's shareholders. In connection with the spin-off or split-off of WarnerMedia, AT&T will receive $43 billion (subject to adjustment) in a combination of cash, debt securities and WarnerMedia's retention of certain debt.
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%.
AT&T shareholders received stock representing 71% of Warner Bros. Discovery, and Discovery shareholders own 29% of the new company.
Apr 8, 2022 · Additionally, shareholders of AT&T received 0.241917 shares of WBD for each share of AT&T common stock they held at close. As a result, AT&T shareholders received 1.7 billion shares of WBD, representing 71% of WBD shares on a fully diluted basis. Discovery’s existing shareholders own the remainder of the new company.
May 17, 2021 · AT&T shareholders will own 71 percent of the new company, with Discovery shareholders getting 29 percent, according to an AT&T press release.
