At&t to spin off interest in warnermedia to its shareholders at closing of previously announced transaction with discovery, inc.

Dallas--(business wire)--at&t, inc. (nyse: t) today announced that its board of directors has determined to spin off at&t's interest in warnermedia in connection with the previously announced transaction with discovery, inc (nasdaq: disca, discb, disck). the transaction, which will spin off 100% of at&t's interest in warnermedia to at&t's existing shareholders in a pro rata distribution, followed by the merger of warnermedia with discovery, is expected to close in the second qua
T Ratings Summary
T Quant Ranking