The Warner Bros.-Discovery deal has officially closed

Last Friday, Discovery, Inc. and AT&T Inc. announced that they officially closed their deal with WarnerMedia. Under terms of the agreement, AT&T received $40.4 billion in cash and WarnerMedia’s retention of certain debt at close. Today, on Monday, April 11, the company will begin trading on the Nasdaq under the new ticker symbol “WBD.” AT&T … Continue reading The Warner Bros.-Discovery deal has officially closed