AT&T (T) May Have to Cut Dividend - Cramer
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St subdued as markets pause after S&P record high; data, Mideast in focus
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
AT&T (T) to Merge Media Assets with Discovery (DISCA) in Blockbuster Deal, Valuation Estimated at $150 Billion
May 17, 2021 7:52 AM EDTAT&T (NYSE: T) has announced today an agreement to combine WarnerMedias assets with Discovery (NASDAQ: DISCA) in an all-stock deal.
Under the terms of the deal, which has been approved by both companies, AT&T would receive $43 billion in a combination of cash, debt securities, and WarnerMedias retention of certain debt.
Moreover, AT&Ts shareholders would receive stock representing 71% of the new company, while Discovery shareholders would own 29% of the new company. The Financial Times reported that the new company could be valued at as much... More
