Tag: Warner Bros. Dsicovery
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Warner Bros. Discovery Will Pay $125 Million to Settle a Lawsuit Over Its Merger with AT&T
In 2022, Discovery and AT&T agreed to a deal that saw AT&T’s Warner Bros. and Discovery merge for $43 billion. That was met with a shareholder lawsuit saying the deal was not fair. A handful of pension funds sued, arguing the transaction unfairly helped some high-end investors but hurt others. Now through mediation the two…