Here is what AT&T is giving investors in WarnerMedia spinoff, and how it will work
AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they own. AT&T T, -1.95% is in the process of spinning off its WarnerMedia business in a combination with Discovery Inc. DISCA, which executives have … Read more