AT&T verifies offer to combine its WarnerMedia subsidiary with Discovery Inc in 'pure play' $43B offer thumbnail

Another major telco in the United States is making a huge relocation away from being a full player in media services, and particularly content production. Today AT&T stated that it is combining its WarnerMedia department with Discovery Inc. The offer is being structured as a “Reverse Morris Trust” transaction that will give AT&T $43 billion in […]
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