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AT&T's (T) WarnerMedia Merge With Discovery (DISCA)

Schwab Network

English - May 21, 2021 11:06 - 10 minutes - 63.3 MB - ★★★★★ - 23 ratings
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AT&T (T) WarnerMedia and Discovery (DISCA) deal will be an all-stock, Reverse Morris Trust transaction. AT&T shareholders own 71% and Discovery shareholders own 29% of the new company. AT&T's SVP and Head of IR, Amir Rozwadowski, weighs in on the company after spinning off media assets.