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

Published: May 21, 2021, 11:06 a.m.

b"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."