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Top News In ஸ்பிரிண்ட் கார்ப் Today - Breaking & Trending Today

AT&T prepares to merge media assets with Discovery in major strategy shift

May 17, 2021
AT&T Inc. is preparing to spin off its media business and merge it with with Discovery Inc. in a tax-friendly deal, according to people with knowledge of the matter, a surprise reversal for a company that spent $85 billion to acquire the assets less than three years ago.
A deal could be announced as soon as this week, said the people, who asked not to be identified because the information was private.
The transaction will be structured as a so-called Reverse Morris Trust, or a merger with another company that’s structured to be tax-free, one of the people said. ....

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AT&T to create a streaming giant with Discovery by merging media assets

AT&T to create a streaming giant with Discovery by merging media assets
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Alicia Keys

Hip hop might not be dead yet. Sprint Corp (NYSE: S) recently announced a equity stake in Jay Z s streaming service Tidal, reportedly paying $200 million for a 33 percent stake, valuing the company at $600 million. The acquisition by Sprint sits as one of the biggest hip-hop deals ever.
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Sprint, T-Mobile Agree to $26 Billion Merger - William P.J. Lynch Jr.com

The boards of Sprint Corp. and T-Mobile US Inc. struck an all-stock $26 billion merger that, if allowed by antitrust enforcers, would leave the U.S. wireless market dominated by three national ....

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Letitia James

Letitia James
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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