S&p dow jones indices announces treatment of at&t transaction with discovery

New york , april 7, 2022 /prnewswire/ -- s&p 500 & 100 constituent at&t inc. (nyse:t) will spin off its interest in warnermedia, and immediately following the spin-off, warnermedia will merge with s&p 500 constituent discovery inc. (nasd:disck,disca,discb). at the time of the transaction, all classes of shares of discovery common stock will be converted and reclassified into a single share class line of newly named warner bros.
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